TC

28/07/2015 12:18

Xinyi Solar (00968) 1H net up 200% to HK$601m; div HK4.2 cts

    Xinyi Solar (00968) said its profit attributable to equity holders for the six months ended 30 June 2015 surged 200.1% year-on-year to HK$601 million.
  The basic and diluted earnings per share were HK9.43 cents.
  The revenue was HK$2,054 million, an increase of 106.5% from a year earlier.
  The overall gross margin increased to 36.7% (2014: 33.7%) which was mainly due to cost efficiency improvement in the solar glass business and higher gross margin of the solar power electricity generation business.
  The proposed interim dividend is HK4.2 cents (2014: HK1.6 cents) per share, payable on or before 8 September. 

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