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Win Hanverky year net down 85% to HK$21.05m; div HK2 cts

Win Hanverky (03322) said its profit attributable 
to equity holders for the year ended 31 December 2017 dropped 85.3% year-on-year to
HK$21.045 million.
  Basic and diluted earnings per share were HK1.6 cents.
  Revenue amounted to HK$3,724 million, a decrease of 7.7% from a year earlier, mainly due
to the decrease in production output from Manufacturing Business, despite the remarkable 
growth of our High-end Fashion Retailing Business.
  Gross profit fell 10.3% year-on-year to HK$1,031 million. Gross profit margin of the 
Group reduced to 27.7% in 2017 (2016: 28.5%). The drop was mainly due to the significant 
decrease in production utilisation and output of the main Vietnam factory of Manufacturing
Business.
  The proposed final dividend is HK2 cents (2016: HK3 cents) per share, payable on or
about 29 June. 

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