Kingboard Chemical Holdings Limited Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017
May 05, 2017 at 06:18 am EDT
Kingboard Chemical Holdings Limited announced unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenue of HKD 163,877,000 against HKD 145,847,000 a year ago. Profit before taxation was HKD 7,327,000 against HKD 4,186,000 a year ago. Profit for the period was HKD 5,043,000 against HKD 2,358,000 a year ago. Profit for the period attributable to owners of the company was HKD 4,429,000 against HKD 1,585,000 a year ago. Net cash from operating activities was HKD 23,687,000 against HKD 27,154,000 a year ago. Purchase of property, plant and equipment was HKD 785,000 against HKD 13,449,000 a year ago. Diluted earnings per share were 0.61 Hong Kong cents against 0.22 Hong Kong cents a year ago.