Brief: Vtech Holdings Says FY Profit Attributable Declined 25.2% To $172.7 Mln
16/05/2022 12:21
May 16 (Reuters) - Vtech Holdings Ltd 0303.HK :
* FY PROFIT ATTRIBUTABLE DECLINED 25.2% TO US$172.7 MILLION
* FY REVENUE $2,370.5 MILLION VERSUS $2,372.3 MILLION
* DECLARED FINAL DIVIDEND OF 51.0 US CENTS PER ORDINARY
SHARE
* IS CAUTIOUSLY OPTIMISTIC OF ACHIEVING OVERALL TOP-LINE
GROWTH IN
FINANCIAL YEAR 2023
* DIRECT EFFECTS ON GROUP OF WAR IN UKRAINE WILL BE MINIMAL
* FREIGHT COSTS IN FINANCIAL YEAR 2023 WILL BE HIGHER THAN
LAST
YEAR
* GROSS PROFIT MARGIN EXPECTED TO BE LARGELY STABLE
YEAR-ON-YEAR
Source text for Eikon: ID:nHKSNWQkz
Further company coverage: 0303.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on VTech Holdings
See all newsBrief: Snom “The Americas” Announces The Promotion Of Chad M. Collins To Senior Vice President Of Sales For Snom And Vtech Hospitality In The Us & Cala Regions
The post-truce state of US-China trade looks dire
The post-truce state of US-China trade looks dire
Brief: Vtech Holdings Declares Interim Dividend Of 17.0 Cents Per Ordinary Share
Brief: Vtech Holdings Says FY Profit Attributable Rose By 11.7% To $166.6 Million