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Article Date: August 2017
Word Count: 148

Mainland Headwear Flat


Profits rose 2%to HK 40,163,000 ($5.1 mm) against HK 39,273,000 for the first half ended Jun. 30 as revenues fell 1% to HK 444,996,000 ($56.9 mm) from HK 451,532,000 before a HK 28,082,000 gain on the revaluation of property in last year’s comparable period. Including the one-time gain, net profit was down 33% from HK 61,918,000 to HK 41,489,000. The manufacturing operation registered a 4% increase in operating profit to HK 54,416,000 from HK ... Log in to view full article.

 


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