TC

24/11/2014 11:24

Daisho Microline 1H net turns black to HK$50.68m; no div

    Daisho Microline (00567) said it reported a profit attributable to owners of HK$50.68 million for the six months ended 30 September 2014, as compared to the loss of HK$11.19 million for the same period in 2013.
  Its basic and diluted earnings per share were HK10.55 cents.
  The turnover was HK$123 million, a decrease of 4.3% from a year earlier.
  The group's gross profit margin increased from about 4.5% for last corresponding period to about 7% for the current period. The improvement in its operating results for the current period was mainly resulted from the implementation of various cost-savings measures and also the decrease in depreciation charge consequential to the recognition of impairment provision on the group's plant and equipment for the year ended 31 March 2014. 
  No interim dividend will be distributed. 

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