-
Sitoy Group (1023) year net down 43% to HK$211m; div HK6 cts
Sitoy Group (01023) said its profit attributable to owners for the year ended 30 June 201
7 dropped 42.97% year-on-year to HK$211 million.
Basic and diluted earnings per share were HK21.08 cents.
Revenue amounted to HK$1,917 million, a decrease of 32.4% from a year earlier.
Gross profit decreased 32.4% year-on-year to HK$518 million. The gross profit margin 
remained stable at around 27% for both of the years ended 30 June 2017 and 2016.
The proposed final dividend is HK6 cents (2016: HK13 cents and a special dividend of 
HK15 cents) per share, payable on or before 8 December.

Comments

Post a Comment

Popular posts from this blog

-
CLSA lowers Beijing Ent Water (00371) to HK$6   CLSA cut its target price for Beijing Enterprises Water (BEW)(00371) by 8% to HK$6, and reiterated its "buy" rating.   The research house said BEW's share price has dropped 14% in the last two trading days. First, the 2017 earnings results are below expectations. Second, management is guiding for 20-25% net profit growth for 2018, versus 30% in the past few years. Management now has a cautious approach to water PPP (public-private partnership) projects, which is not  necessarily bad.   CLSA cut its 2018-19 earnings forecasts by 19%. At the current level, it believes many  of the negatives are already priced-in.
Read more
-
HSBC HOLDINGS Appoints Malaysia CEO as Asia-Pacific One-Belt-One-Road Biz Manager  HSBC HOLDINGS(00005.HK)    +1.150 (+1.574%)    Short selling $311.30M; Ratio 15.773%   announced that Malaysia CEO Mukhtar Hussain was appointed to the newly created position of head of Belt and Road initiative in Asia Pacific, effective from 1 July.
Read more
-
Image
WKK INTL (HOLD) (00532.HK)    +0.100 (+15.152%)      announced the results for its subsidiary, Taiwan Kong King, for the nine months ended September 2014. The unaudited combined after-tax net profit decreased 30.26% to $12.239 million, compared with the same period last year. Revenue amounted to $177 million.
Read more