TC

28/08/2014 12:28

SinoMedia (00623) 1H net up 5.2% to Rmb179m; no div

    SinoMedia (00623) said its profit attributable to equity shareholders for the six months ended 30 June 2014 rose 5.2% year-on-year to Rmb179 million.
  Its basic and diluted earnings per share were Rmb31.9 cents and Rmb30.8 cents.
  The revenue was Rmb836 million, a decrease of 3.2% from a year earlier.
  During the period under review, both the revenue from core businesses and gross profit margin slightly decreased as compared with the same period last year. However, the Group had a highly effective control on the operating expenses. Also, other revenue such as the gain from the disposal of non-current financial assets and local government incentives contributed a portion of profits to the Group. 
  No interim dividend will be distributed. 

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