Hengan International (01044) said its profit attributable to shareholders for the six months ended 30 June 2014 dropped 4.5% year-on-year to HK$1,775 million.
Its basic and diluted earnings per share were HK$1.443 and HK$1.441.
The revenue was HK$12,098 million, an increase of 16.2% from a year earlier.
Slight increase in raw material prices and negative impact of intensified market competition were partially offset by optimized product portfolio, effective cost control measures and enhanced economies of scale. As a result, gross profit margin contracted slightly to about 44.9% from 45.2% for the same period last year.
The proposed interim dividend is HK85 cents (2013: HK85 cents) per share, payable on or about 14 October.
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