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China’s Dongxiang revenue falls 10.7% to 1.262b yuan in 2014

China’s Dongxiang revenue falls 10.7% to 1.262b yuan in 2014

BEIJING: China Dongxiang Group Co. Ltd. said full-year attributable profit surged to 915 million yuan from 210 million yuan in the previous year. Earnings per share were 16.61 cents, compared to 3.82 cents last year.

Revenue declined 10.7 percent to 1.262 billion yuan from 1.414 billion yuan in the prior year. The company is principally engaged in brand development, design and sales of sport-related apparel, footwear and accessories in China, Macau and Japan.

The company has proposed to distribute 30 percent of the net profit attributable to equity holders for the year as final dividend. The Board of Directors has further proposed to distribute 40 percent of the attributable profit as special dividend.

Final dividend and final special dividend per share came to 10.35 cents, compared to 1.49 cents in 2013.