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2299 Billion Industrial Holdings News Story

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Brief: Billion Industrial Holdings says revenue up 20.1 pct

Aug 15 (Reuters) - Billion Industrial Holdings Ltd 
 2299.HK : 
    * Revenue for first half of 2017 amounted to RMB3,272 
million, representing an increase of 20.1% 
    * 2017 interim dividend of HK5.9 cents per share is declared 
    * Profit for first half of 2017 amounted to RMB218 million, 
up 67.8 percent 
    * Group plans to invest about US$222 million in expansion of 
polyester filament yarns business 
    * Expects annual production capacity of polyester filament 
yarns products to increase by 220,000 tons on completion of 
expansion plan 
 
Source text for Eikon:  ID:nHKS33XyCJ  
Further company coverage:  2299.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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