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Carrianna Group's FY22 Profit Tumbles 95%; Shares Down 3%

MT Newswires ·  {{timeTz}}

01 :11 AM EDT, 06/29/2022 (MT Newswires) -- Carrianna Group (HKG:0126) saw its fiscal year 2022 attributable profit tumble 95% from a year ago amid a marginal decrease in revenue, according to a Tuesday stock filing.

The company's attributable profit came in at HK$3.8 million, or HK$0.0025 per share, from HK$81.0 million, or HK$0.0644 per share, a year ago.

Revenue decreased to HK$781.2 million from HK$796.0 million a year earlier.

Carrianna recommended a final dividend of HK$0.01, payable on Oct. 13.

The company's stock is down 3% in Wednesday trading.

Price (HKD): $0.60, Change: $-0.02, Percent Change: -3.23%

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