Shandong Weigao Group Medical Polymer Company (01066) said its net profit attributable to the owners for the year ended 31 December 2016 dropped 0.6% year-on-year to Rmb1,106 million.
Basic and diluted earnings per share were Rmb0.25.
The turnover was Rmb6,730 million, an increase of 13.7% from a year earlier.
The gross profit margin of the Group increased to 61.5% from 59.4%, which was mainly attributable to the on-going product mix optimization. In addition, the continuous management enhancement and technological updating, as well as decline in raw materials purchase costs also contributed to such increase.
The proposed final dividend is Rmb4.6 cents (2015: Rmb3.6 cents) per share, payable on 21 July 2017.
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