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01382.HK: Earn Nearly 25 Cents In The Last 16% Years Of The Year.

2019/6/21 10:42:00 10

Exchange TextilesTextile StocksThe Latest Announcement

Mutual Spin (1382) announced that as of March 31st of this year, the profit attributable to shareholders should be increased by 15.8% to 862 million yuan per year, with a basic earnings of 0.6 yuan per share, with a final interest rate of 25 cents per share.

During the period, the company's revenue increased by 0.3% to 6 billion 119 million yuan per year, and gross profit rose 12% to 1 billion 61 million yuan per year. The gross profit margin also increased from 15.5% to 17.3%.

Mutual textiles means that in the future, trade barriers are unlikely to have direct and immediate impact on the business of the group due to the insignificant number of fabrics exported to the United States. However, the indirect and long-term effects remain unknown.

* for notes on performance, please refer to the official announcement of the company.

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