HONG KONG, July 17 (Economic Information) Shoujia Technology (00103) announced that its net profit for the six months ended June 30 was HK$10.128 million, a 66% decrease year-on-year. Earnings per share were 1.95 cents, with no interim dividend proposed.
The group stated that its turnover was approximately HK$1.32 billion, an increase of 14.1%, primarily due to higher sales volume of steel cord/steel wire products; gross profit was approximately HK$180 million, up 6.1%; gross profit margin was 13.3%, down one percentage point; profit before tax was HK$11.132 million, a decrease of 63.2%; cost of sales rose 15.5% to approximately HK$1.15 billion. (wh)
*For detailed results, please refer to the company's official announcement
The group stated that its turnover was approximately HK$1.32 billion, an increase of 14.1%, primarily due to higher sales volume of steel cord/steel wire products; gross profit was approximately HK$180 million, up 6.1%; gross profit margin was 13.3%, down one percentage point; profit before tax was HK$11.132 million, a decrease of 63.2%; cost of sales rose 15.5% to approximately HK$1.15 billion. (wh)
*For detailed results, please refer to the company's official announcement