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2007-4-3 11:09:00 a.m. HKT, XFNA
STOCK ALERT - HK-listed Texhong Textile sharply lower as div payout
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disappoints
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HONG KONG (XFN-ASIA) - Texhong Textile Group Ltd was sharply lower as
investors were disappointed over the company's dividend payout for 2006,
dealers said.
The stock was down 0.11 hkd or 6.96 pct at 1.47.
The company announced a 5.7 pct rise in 2006 net profit to 190.54 mln
yuan but proposed a final dividend of just 0.04 hkd a share, against 0.065
hkd a year earlier.
(1 usd = 7.8 hkd)
roby.lau@xfn.com xfnrl/xfnrc
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