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China Dongxiang Announces Interim Results for the First Half of 2018 Reforms Continued with High Dividend Payout Maintained

  • Written by Reporters

Results Highlights

 

(RMB million)

For the six months ended 30 June

2018

2017

Change

Revenue

772

675

+14.4%

Gross profit (before reversal of impairment losses of inventories )

451

413

+9.2%

Gross profit margin (before reversal of impairment losses of inventories)

58.4%

61.2%

-2.8 ppts

Operating profit

552

627

-12.0%

Operating profit excluding investment income

74...

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