Swing Media Technology Group Limited Reports Audited Consolidated Earnings Results for the Year Ended March 31, 2016
July 25, 2016 at 05:08 am EDT
Swing Media Technology Group Limited reported audited consolidated earnings results for the year ended March 31, 2016. For the period, the company reported revenue of HKD 1,113,095,000 against HKD 1,098,858,000 a year ago. Profit before income tax was HKD 72,747,000 against HKD 69,388,000 a year ago. Profit for the year was HKD 69,552,000 or 176.13 cents per basic share against HKD 66,762,000 or 0.00 cents per basic share a year ago. Net cash generated from operating activities was HKD 111,057,000 against HKD 53,158,000 a year ago. Purchase of property, plant and equipment was HKD 190,579,000 against HKD 99,240,000 a year ago.