China Dongxiang (Group) Turns to Profit in Six Months to September

MT Newswires Live11-27

China Dongxiang (Group) (HKG:3818) recorded a profit attributable to owners of 137.0 million yuan for the six months ended Sept. 30, against an attributable loss of 409.7 million yuan logged for the corresponding period last year, a Wednesday filing with the Hong Kong Exchange said.

Earnings per share stood at 0.0234 yuan for the reporting period, compared with a loss per share of 0.0699 yuan recorded for the year-ago period.

The sport-related apparel and footwear designer and seller's revenue for the six months under review was 748.9 million yuan, 3.5% lower than 776.0 million yuan booked a year ago.

The board recommended an interim dividend of 0.0070 and an interim special dividend of 0.0070 yuan per share for the reporting period, compared with an interim dividend of 0.0071 yuan per share from the last year.

The dividend is expected to be paid on or around Dec. 24 to the shareholders on record as of Dec. 13.

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