TC

25/08/2016 12:20

Hengan Int'l (1044) 1H net up 5.2% to Rmb1.64bn; div Rmb0.85

    Hengan International (01044) said its profit attributable to shareholders for the six months ended 30 June 2016 rose 5.2% year-on-year to Rmb1,635 million.
  Basic earnings per share were Rmb1.346.
  The revenue from continuing operations was Rmb9,577 million, an increase of 4.1% from a year earlier.
  Despite the fact that market competition remained intense, the Group was benefited from the positive impact of decline in raw material prices, optimized product portfolio and enhanced economies of scale, and hence the gross profit margin for continuing operations increased to about 48.1% from 46.7%.
  The proposed interim dividend is Rmb0.85 (2015: Rmb0.78) per share, payable on or about 7 October 2016.

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