TC

28/08/2015 12:29

China Shengmu (01432) 1H net up 19.5% to Rmb334m; no div

    China Shengmu Organic Milk (01432) said its profit attributable to the owners of the parent for the six months ended 30 June 2015 rose 19.5% year-on-year to Rmb334 million.
  Basic and diluted earnings per share were Rmb5.3 cents and Rmb5.2 cents.
  The revenue was Rmb1,384 million, an increase of 52.8% from a year earlier, which was mainly attributable to the fact that the liquid milk business began to play a core driver role. Gross margin decreased from 49% to 46.1%.
  No interim dividend will be distributed. 

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