Valuetronics Holdingsto HK$199.5 million for the year ended March 31, amid mixed performance from its two business segments. This translates to an earnings per share of around 46.2 HK cents for FY2019, down from 48.1 HK cents for the previous year. It proposed a final dividend of 15 HK cents per share and a special dividend of five HK cents per share for FY2019. Valuetronics shares closed unchanged at 60.5 HK cents on Tuesday.
This was partially offset by a rise in financing costs from higher borrowings and the rising interest rate environment. Earnings per share stood at 1.36 US cents, up from 0.02 US cent a year ago. No dividend has been recommended for the quarter, unchanged from the previous year. Shares of the company last traded flat at S$0.34 on Tuesday.from a bargain purchase, the Catalist-listed Myanmar-based tourism firm posted net profit attributable to shareholders of US$6.
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