Date
12 December 2017

Huayi Brothers 2013 net profit soars 172%, filing says

Huayi Brothers Media Corp. (300027.CN) posted a net profit of 665.40 million yuan (US$107.18 million) for 2013, up 172 percent from the previous year, according to a regulatory filing Thursday. Revenue rose 45.3 percent to 2.01 billion yuan. Basic earnings per share jumped to 55 fen from 20 fen a year ago. Income from its film businesses surged 76.4 percent. The company proposed a final dividend of 10 fen per share. In a separate filing, the Huayi said it expects its net profit for the first quarter this year to be as much as 140 percent higher than the year-ago level.

– Contact HKEJ at [email protected]

MY/AC/RC

 

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