Brief: Sitoy Group says HY profit attributable decreased by 4.7% to about HK$198.3 mln
23/02/2016 04:13
Feb 23 (Reuters) - Sitoy Group Holdings Ltd 1023.HK : * HY profit attributable to owners of company decreased by 4.7% to approximately HK$198.3 million * HY revenue decreased by 2.8% to approximately HK$1.69 billion * Interim dividend per ordinary share was HK10 cents for the six months ended 31 December 2015" * Says slowdown in China economy brings keener competitions in manufacturing industry * Looking for appropriate acquisition targets in order to further diversify and enrich its retail brand portfolio * Retail business development was and is expected to be funded with the proceeds from the IPO * Source text (http://bit.ly/1QySyZH) ((For more news, please click here 1023.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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