Man Wah Holdings (01999) said its profit attributable to owners for the financial year ended 31 March 2016 rose 23.4% year-on-year to HK$1,327 million.
Basic and diluted earnings per share were HK68.3 cents and HK67.77 cents.
The revenue was HK$7,328 million, an increase of 11.8% from a year earlier.
The overall gross profit margin increased from about 35.6% to 39.5% year-on-year. The main reason for the margin expansion was the price fall of main raw materials since the second quarter of the current financial year.
The proposed final dividend is HK19 cents (2015: HK13 cents) per share, payable on 4 August 2016. The Board also proposes a bonus issue of shares on the basis of one bonus share for every one existing share held by the shareholders.
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