- Turnover increased 7.4% to HK$2,025 million
- Profit from Operations increased 26.8% to HK$159 million
- Profit attributable to Owners of the Company increased 17.9% to HK$129 million
- Interim Dividend HK4.5 cents representing payout ratio of 42.7%
|
Financial Summary |
For the 6 months ended 30 April (HK$'000) |
||
|
2016 |
2015 |
Change |
|
|
Turnover |
2,024,872 |
1,884,643 |
+7.4% |
|
Gross profit |
576,102 |
528,446 |
+9.0% |
|
Gross profit margin (%) |
28.5% |
28.0% |
+0.5pp |
|
Profit from operations |
158,927 |
125,307 |
+26.8% |
|
Profit attributable to Owners of the Company |
128,723 |
109,184 |
+17.9% |
|
Net profit margin (%) |
6.4% |
5.8% |
+0.6pp |
|
Basic earnings per share |
HK10.54 cents |
HK8.97 cents |
+17.5% |
|
Interim dividend per share (recommended) |
HK4.5 cents |
HK4.5 cents |
- |
(Hong Kong, 28 June 2016) Pico Far East Holdings Limited (“Pico”, “the Company” or “the Group”, HKEx: 752), a leading global Total Brand Activation company, today announced its 2016 interim results for the 6 months ended 30 April 2016 (the “period”).
During the period, Pico recorded a turnover of HK$2,025 million (1H2015: HK$1,885 million), increased by 7.4% compared with the previous corresponding period. Profit attributable to Owners of the Company increased by 17.9% to HK$129 million (1H2015: HK$109 million).
The Board of Directors recommended an interim dividend of HK4.5 cents per ordinary share.
Business Review
|
Turnover by segment |
For the 6 months ended 30 April |
||||
| 2016 |
2015 |
Change in turnover |
|||
|
HK$’ Million |
% to Turnover |
HK$’ Million |
% to Turnover |
||
|
Exhibition and Event Marketing Services |
1,396.5 |
68.9% |
1,298.4 |
68.9% |
+7.6% |
|
Brand Signage & Visual Identity |
199.9 |
9.9% |
283.9 |
15.1% |
-29.5% |
|
Museum, Themed Environment, Interior & Retail |
242.9 |
12.0% |
204.5 |
10.8% |
+18.8% |
|
Conference and Show Management |
185.6 |
9.2% |
97.8 |
5.2% |
+89.7% |
For details, please refer to a full version of the ‘Unaudited Interim Results for the Six Months Ended April 30, 2016’ announcement. http://www.pico.com/en/investor/announcement.php
