REG - UniVision Eng Ltd - Final Results for the year ended 31 March 2015 <Origin Href="QuoteRef">UVEL.L</Origin>

UniVision EngineeringAnnouncement

11/09/2015 11:40

RNS Number : 8230Y
UniVision Engineering Ltd
11 September 2015
11 September 2015
Univision Engineering Limited
("UniVision" or the "Company")
Final Results for the year ended 31 March 2015
UniVision, the Hong Kong based group whose principal activities are the supply, design, installation and maintenance of closed circuit television and surveillance systems, and the sale of security related products, announced its audited final results for the year ended 31 March 2015 yesterday. The full Annual Report and Accounts and Notice of AGM, to be held at UniVision Engineering Limited, Unit 01A, 2/F., Sunbeam Centre, 27 Shing Yip Street, Kwun Tong, Kowloon, Hong Kong, on 8 October 2015 at 5:00 p.m., will shortly be posted to shareholders and is now available on the Company's website, www.uvel.com.
Highlights:
 Turnover decreased by 24.2% to 6.7m (2014: 8.9m);
 Gross profit margin increased to 27.2% (2014: 25.9%);
 Net cash generated from operating activities 368K (2014: 548K);
 Current ratio decreased to 1.6 (2014: 2.6);
 Profit before income tax was 130K (2014: 2.9m). Gain from forgiveness of debts of 2.5m in 2014;
 Basic earnings per share were to 0.02p (2014: 0.74p),and
 Proposed final dividend HK0.39 cents (approx. 0.034 pence) per share.
 (2014: HK0.31 cents)
For further information visit www.uvel.com or contact:
UniVision Engineering Limited  Tel: +852 2389 3256
Stephen Koo, Chairman www.uvel.com
Chun Pan Wong, Chief Executive Officer
Danny Kwok Fai Yip, Finance Director
Nicholas Lyth, Non-Executive Director  +44 (0) 7769 906686
ZAI Corporate Finance LimitedTel: +44 (0)20 7060 2220
(Nominated Adviser and Broker) www.zaicf.com
Richard Morrison 

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