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2003-9-9 03:23:00 p.m. HKT, XFNA
STOCK ALERT - HK's First Sign higher after better FY results, interim div
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HONG KONG (AFX-ASIA) - First Sign International Holdings Ltd was higher
in the afternoon after posting substantially better results for the full year
to June 2003 and declaring an interim dividend.
First Sign was up 0.075 hkd, or 30.00 pct, to 0.325 on volume of 13.76
mln shares.
""Investors are buying the stock because they're encouraged by the
company's improved performance and interim dividend,"" a local brokerage
dealer said.
The company posted a net profit of 67.46 mln hkd, against 7.41 mln the
previous fiscal year.
It also declared a 1.5 cents interim dividend, compared to none
previously.
(1 usd = 7.8 hkd)
leefun.chew@afxasia.com
clf/ds
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