TC

17/05/2018 16:38

VTech Holdings year net up 15% to US$206m; div US63 cts

    VTech Holdings (00303) said its profit attributable to shareholders for the year ended 31 March 2018 rose 15.3% year-on-year to US$206 million.
  Basic and diluted earnings per share were US82.1 cents.
  Revenue amounted to US$2,130 million, an increase of 2.4% from a year earlier.
  The gross profit margin of the Group fell from 33.2% in the financial year 2017 to 33% in the financial year 2018. This was mainly due to higher cost of materials, which offset a positive currency impact and productivity gains.
  The proposed final dividend is US63 cents (2017: US53 cents) per share, payable on 26 July.

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