Brief: Cathay Media And Education Recommends Final Dividend Of HK$0.03/Share

Cathay group

31/03/2022 16:15

March 31 (Reuters) - Cathay Media and Education Group Inc
 1981.HK :
    * RECOMMENDED A FINAL DIVIDEND OF HK$0.03 PER SHARE
    * OPERATIONS, RESULTS OF SHUIMUYUAN WILL BE ADVERSELY
AFFECTED BY
UNCERTAINTY OF COVID-19 SITUATION
    * NEGOTIATIONS, GROUP & FOUNDER OF SHUIMUYUAN HAVE AGREED TO
UNWIND ACQUISITION OF SHUIMUYUAN ON 28 MAR
    * GROUP TO SELL SHUIMUYUAN AT RMB165 MILLION
    * FY PROFIT FROM CONTINUING OPERATIONS RMB125.5 MLN VS
RMB337.1
MLN
    * FY REV FROM CONT OPS RMB578.1 MLN VS RMB789.7 MLN 

Further company coverage:  1981.HK 

 ((Reuters.Briefs@thomsonreuters.com;))