Sunday, March 25, 2012

Weiqiao Textile Announces 2011 Annual Results

The company strengthens cost control, maintains market leadership and strong financial position Financial Summary - Revenue was approximately RMB 15,232,000,000, down 14.8% - Gross profit was approximately RMB 278,000,000, down 90.3% - Profit attributable to owners of the parent was approximately RMB 246,000,000, down 84.9% - Earnings per share were approximately RMB 0.21, down 84.6% - Proposed final dividend of approximately RMB 0.0594 per share (tax included), down 86.4% HONG KONG, March 25, 2012 ...continued
 

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