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2002-12-12 07:05:00 p.m. HKT, XFNA
Tai Cheung Holdings H1 net profit 34.2 mln hkd; down 8 pct yr-on-yr
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HONG KONG (AFX-ASIA) - Tai Cheung Holdings Ltd (88.HK) said its first
half to September net profit fell 8 pct year-on-year to 34.2 mln hkd from 37.
2 mln.
Sales for the period fell to 92.6 mln from 216.9 mln, while operating
profit rose slightly to 10.9 mln from 10.7 mln.
The company said share of profits from associates fell to 32.1 mln hkd
from 43.5 mln, while finance costs fell to 2.8 mln from 9.9 mln.
EPS for the period fell to 5.5 cents from 6 cents, while the company
maintained its interim dividend at 2 cents a share.
lyndal.mcfarland@afxnews.com
lmf/cml NNN
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