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    0121   KYG2500L1077

C.P. LOTUS CORPORATION

(0121)
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C.P. Lotus Corporation Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2018

08/10/2018 | 06:03am EST

C.P. Lotus Corporation announced unaudited consolidated earnings results for the six months ended June 30, 2018. For the period the company reported, revenue was RMB 5,256,860,000 against RMB 5,256,860,000 a year ago. Profit from operations was RMB 214,700,000 against RMB 160,981,000 a year ago. Profit before taxation was RMB 159,922,000 against RMB 111,461,000 a year ago. Profit for the period attributable to the equity shareholders of the Company was RMB 137,690,000 or 0.62 cents per basic and diluted share against RMB 104,890,000 or 0.47 cents per basic and diluted share a year ago. The increase in revenue was mainly due to the opening of six new stores in the second half of 2017 and three new stores in the first half of 2018. Capital expenditure was RMB 82.5 million mainly attributed to purchase of equipment and machinery for the new stores and store renovations. Net cash outflow after effect of foreign exchange rate changes was RMB 27.8 million against RMB 72.3 million a year ago.


ę S&P Capital IQ 2018
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Managers and Directors
Hai Xin Weng Chief Executive Officer
Wen Hai Li Executive Chairman
Soopakij Chearavanont Chairman
Viroj Sangsnit Independent Non-Executive Director
Songkitti Jaggabatara Independent Non-Executive Director
Sector and Competitors