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03991 CHANGHONG JH
RTNominal up0.740 +0.030 (+4.225%)
Others

09/07/2021 13:51

Changhong Jiahua (03991) sees increase in interim profit

[ET Net News Agency, 9 July 2021] Changhong Jiahua Holdings Limited (03991) said for
the six months ended 30 June 2021, the group is expected to record a significant increase
in its revenue and profit attributable to owners of the company. The revenue is expected
to increase by approximately 28% as compared to the revenue of the group of approximately
HK$17,423,519,000 for the corresponding period of last year, and the profit attributable
to owners of the company is expected to increase by approximately 24% as compared to the
profit attributable to owners of the company of approximately HK$149,094,000 for the
corresponding period of last year.
The increase in revenue was mainly due to (i) the expansion of the sales scale of
Information and Communication Technology (ICT) products including ICT consumer products
and ICT corporate products, and (ii) that the amount of revenue for the period was
affected by the fluctuation of exchange rate for Renminbi to Hong Kong dollars; and the
increase in profit for the period was mainly due to the substantial increase in the
group's revenue for the period and affected by the exchange rate fluctuations. (RC)

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