Techtronic Industries (00669) said its profit attributable to owners for the six months ended 30 June 2017 rose 15.5% year-on-year to US$204 million.
Basic and diluted earnings per share were US11.17 cents and US11.14 cents.
Revenue amounted to US$2,882 million, an increase of 7.3% from a year earlier.
Gross margin improved to 36.6% as compared to 36.1% in the same period last year. The margin improvement was the result of new product introduction, product mix, category expansion, improvements in operational efficiency and supply chain productivity.
The Techtronic Industries Directors have resolved to declare an interim dividend of HK27.75 cents (about US3.57 cents) (2016: HK20 cents (about US2.57 cents)) per share, payable on or about 22 September.
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