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International Housewares Retail's Attributable Profit Drops in Fiscal H1; Shares Climb 3$

MT Newswires ·  {{timeTz}}

03:24 AM EST, 12/24/2021 (MT Newswires) -- International Housewares Retail (HKG:1373) said its profit attributable to the owners slumped to HK$96.1 million ($12.3 million) in the fiscal first half from 171.6 million rupees a year ago.

Earnings per share for the six-month period ended Oct. 31 fell to HK$0.1319 from HK$0.2356 a year earlier.

Revenue of the company slipped year on year to HK$1.31 billion rupees from HK$1.32 billion, according to a Thursday filing.

The board declared an interim dividend of HK$0.105 and a special dividend of HK$0.042 to mark the 30th anniversary of the company. The total dividend is up 63% from last year's interim dividend of $HK0.09.

Shares of International Housewares Retail rose 3% in recent trade.

Price (HKD): $2.79, Change: $+0.09, Percent Change: +3.33%

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