Financial Results for the Year Ended March 31, 2018 ("FY2018")
Highlights :
1. The Group’s sales revenue from continuing operations increased by 17.3% to HK$4,556.4 million
2. The revenue growth was driven by the double-digit increase in sales from the Group’s Industrial, Home Appliance and Automotive segments
3. The Group’s gross profit margin increased from 8.2% in FY2017 to 8.7% in FY2018
4. As at March 31, 2018, the Group’s current ratio (current assets/current liabilities) was 1.31 (March 31, 2017: 1.27)
5. The inventory turnover days decreased from 2.0 months to 1.7 months
6. The net gearing ratio as at March 31, 2018 was 101.9% (March 31, 2017: 94.5%)
7. Net asset value per share was HK$9.38 as at March 31, 2018
8. The Board has recommended the payment of a final dividend of HK$0.42 per share
9. The Board has proposed to make a bonus issue of 1 new share for every 10 existing shares to the qualifying Shareholders, the Bonus Shares shall not be entitled to the Final Dividend.
More details in :
1. http://infopub.sgx.com/FileOpen/eWAE-201...eID=508481
2. http://infopub.sgx.com/FileOpen/eWAE-201...eID=508482
Willas-Array today closed at S$1.160 (-0.010).
Highlights :
1. The Group’s sales revenue from continuing operations increased by 17.3% to HK$4,556.4 million
2. The revenue growth was driven by the double-digit increase in sales from the Group’s Industrial, Home Appliance and Automotive segments
3. The Group’s gross profit margin increased from 8.2% in FY2017 to 8.7% in FY2018
4. As at March 31, 2018, the Group’s current ratio (current assets/current liabilities) was 1.31 (March 31, 2017: 1.27)
5. The inventory turnover days decreased from 2.0 months to 1.7 months
6. The net gearing ratio as at March 31, 2018 was 101.9% (March 31, 2017: 94.5%)
7. Net asset value per share was HK$9.38 as at March 31, 2018
8. The Board has recommended the payment of a final dividend of HK$0.42 per share
9. The Board has proposed to make a bonus issue of 1 new share for every 10 existing shares to the qualifying Shareholders, the Bonus Shares shall not be entitled to the Final Dividend.
More details in :
1. http://infopub.sgx.com/FileOpen/eWAE-201...eID=508481
2. http://infopub.sgx.com/FileOpen/eWAE-201...eID=508482
Willas-Array today closed at S$1.160 (-0.010).
Specuvestor: Asset - Business - Structure.