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01323

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HUASHENG INTL's interim loss widened to HKD 41.77 million, no dividend declared

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HUASHENG INTL announced a mid-term loss of HKD 41.774 million for the period ending September 30, widening from a loss of HKD 24.399 million in the same period last year. The loss per share is HKD 0.0553, and no interim dividend will be distributed. Revenue is HKD 160 million, down 19.3%; gross profit is HKD 12.933 million, down 65.5%; gross margin is approximately 8%, down 10.7 percentage points; pre-tax loss has widened to HKD 36.021 million

According to a report from Economic Information Daily on the 1st, HUASHENG INTL (01323) announced a mid-term loss of HKD 41.774 million for the period ending September 30, which is an increase from a loss of HKD 24.399 million in the same period last year; the loss per share is HKD 0.0553, and no interim dividend will be distributed.

The group stated that revenue was HKD 160 million, down 19.3%; gross profit was HKD 12.933 million, down 65.5%; the gross profit margin was approximately 8%, down 10.7 percentage points; and the pre-tax loss widened to HKD 36.021 million. (wh)

\* For details regarding the performance, please refer to the company's official announcement

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