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00934 SINOPEC KANTONS
RTNominal down3.840 -0.070 (-1.790%)
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22/03/2018 11:46

Sinopec Kantons year net up 20% to HK$1.2bn; div HK7 cts

[ET Net News Agency, 22 March 2018] Sinopec Kantons (00934) said its profit
attributable to equity holders for the year ended 31 December 2017 rose 20.2% year-on-year
to HK$1,208 million.
The growth was mainly due to the substantially improved operating results of the natural
gas pipeline transmission business of the Group in 2017, and the steady growth in
investment return from oil terminal associates and joint ventures of the Group in China.
Basic and diluted earnings per share were HK48.59 cents.
Revenue amounted to HK$1,729 million, a decrease of 2.1% from a year earlier, due to the
suspension of its chartered vessel business.
The proposed final dividend is HK7 cents (2016: HK3.5 cents) per share, payable on or
about 23 July. (HL)

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