Brief: VTech Holdings says FY net profit decreased by 8.4 pct to US$181.4 mln
17/05/2016 09:31
May 17 (Reuters) - VTech Holdings Ltd 0303.HK : * FY profit attributable to shareholders of the company decreased by 8.4% to us$181.4 million * FY group revenue decreased by 1.2% to US$1,856.5 million * Says final dividend of US25.0 cents per ordinary share * Management expects the group's revenue to be higher in the financial year 2017. *"Profitability will be impacted by integration of leapfrog, which will make a negative contribution during financial year 2017" * In the financial year 2017, the group will incur capital expenditure of US$44.1 million for ongoing business operations * Source text for Eikon ID:nHKS7ptl2C ((For more news, please click here 0303.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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