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Mutai Textile (01382) Released Its Interim Results. The Profit Attributable To Shareholders Was HK $124 Million, Down 49.85% Year On Year
Mutai Textile (01382) released its performance for the six months ended September 30, 2023 on November 23, and the group achieved revenue of HK $2.295 billion, a year-on-year decrease of 16.89%; The profit attributable to equity holders of the Company during the period was HK $124 million, a year-on-year decrease of 49.85%; The basic earnings per share is HK $0.09, and the interim dividend is HK $7 cents per share.
The announcement said that the decrease in revenue was due to the combined effect of a 7.4% decrease in sales volume and a 10.3% decrease in average selling price.
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