TC

21/07/2014 08:46

Vinda (03331) 1H net down 21.8% to HK$222m; div HK4 cts

    Vinda International (03331) said its profit attributable to equity holders for the six months ended 30 June 2014 dropped 21.8% year-on-year to HK$222 million.
  Its basic and diluted earnings per share were HK22.3 cents and HK22.2 cents.
  The revenue was HK$3.68 billion, an increase of 11.1% from a year earlier. Gross profit margin increased to 29.5% from 28.9% in the same period last year.
  One of the main reasons behind the decrease in profit was that the Group recorded a foreign exchange loss of HK$33.4 million (first half of 2013: a foreign exchange gain of HK$31.4 million) as Renminbi weakened against the Hong Kong dollars and US dollars during the reporting period.
  The proposed interim dividend is HK4 cents (2013; HK4.8 cents) per share, payable on or about 10 October. 

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