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Tianhong Textile (02678): Earn Less Than 24% Last Year, Ending At HK $0.15.
Tianhong textile (02678) announced its year-round performance as at the end of December last year, with a net profit of about 884 million yuan (RMB). The same year, the annual profit fell by 24.02%, the basic earnings per share was 0.97 yuan, and the final interest rate was HK $0.15, down by 25% on average.
During the period, the income was 22 billion 3 million yuan, up 14.86% annually; before tax, profits were about 1 billion 115 million yuan, down by 21.71% on average, and gross margin decreased 2.8 percentage points to 13.6%.
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