Brief: Ten Pao Group Holdings Posts FY Profit Attributable Of HK$176.8 Mln

Ten Pao group

19/03/2020 08:59

March 19 (Reuters) - Ten Pao Group Holdings Ltd  1979.HK :
    * FY REVENUE UP 13.5% TO HK$3,636.3 MILLION
    * FY PROFIT ATTRIBUTABLE HK$176.8 MILLION VERSUS HK$55.4
MILLION
    * RECOMMENDED PAYMENT OF A FINAL DIVIDEND OF HK2.8 CENTS PER
ORDINARY SHARE
    * RECENT OUTBREAK OF COVID-19 IN CHINA & REST OF WORLD WILL
REMAIN
GREAT CHALLENGE TO OUR PRODUCTION IN FORESEEABLE FUTURE
    * SO FAR, WE HAVE NOT EXPERIENCED ANY CANCELLED ORDERS DUE
TO
INCIDENT
    * NOT EXPERIENCED ANY SIGNIFICANT DISTURBANCE IN SUPPLY
CHAIN OR
ANY MAJOR HINDRANCE IN OUR MANUFACTURING BASES IN CHINA

Source text for Eikon:  ID:nHKS92M7HT 
Further company coverage:  1979.HK 

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