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2002-12-10 06:03:00 p.m. HKT, XFNA
SC Industrial H1 net loss 5.9 mln hkd vs profit 79.264 mln
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HONG KONG (AFX-ASIA) - SC Industrial Development Co Ltd (554.HK) said it
posted a net loss of 5.9 mln hkd in the six months to September compared with
a net profit of 79.264 mln a year earlier, while sales dropped to 148.143 mln
from 530.195 mln.
Operating loss came in at 7.365 mln against a profit of 85.096 mln.
The operating loss included a net loss on disposal of subsidiaries
amounting to 18.400 mln hkd and bad debts writeoffs amounting to 8.136 mln.
Loss per share was 0.7 cents, compared with an EPS of 9.6 cents
previously.
The company will omit interim dividend compared with 6 cents paid last
year.
julie.wang@afxnews.com
wj/vs
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