Want Want China interim net gains to 1.6b yuanBusiness | 19 Nov 2019 3:11 pm
Snack food and beverages manufacturer, Want Want China (0151), said net profit for the six months ended September 30 grew by 18.4 percent year-on-year to 1.61 billion yuan (HK$1.79 billion).
Interim revenue inched up by 0.6 percent to 9.3 billion yuan from a year before.
The basic earnings per share were 12.99 fen.
Want Want declared an interim dividend of 0.64 US cents per share (HK 4.99 cents).
The gross profit margin increased by 4.4 percent to 48.9 percent, due to mproved product mix and drop in the cost of certain key raw materials.