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303 VTech Holdings News Story

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Brief: Vtech Holdings HY profit attributable to shareholders down 28.7 pct to $71.4 mln

Nov 10 (Reuters) - Vtech Holdings Ltd  0303.HK  
    * hy group revenue increased by 5.9% to us$982.9 million 
    * hy profit attributable to shareholders of company 
decreased by 28.7% to us$71.4 million 
    * interim dividend of us17.0 cents per ordinary share 
    * "management is expecting group revenue for full year to 
increase" 
    * profitability is expected to improve in second half as 
group revenue will be higher 
    * sales of tel products are expected to pick up in second 
half 
    * residential phones business will remain slow worldwide, 
but co will continue to increase market share in north america 
and australia 
 
Source text (http://bit.ly/2g0EcEY) 
Further company coverage:  0303.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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