fih mobile ltd -unsp adr (FXCNY) Key Developments
FIH Mobile Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015
Aug 12 15
FIH Mobile Limited announced unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported turnover of $3,828,856,000 against $2,283,452,000 a year ago. Profit before tax was $162,304,000 against $88,727,000 a year ago. Profit for the period attributable to owners of the company was $129,829,000 or 1.67 cents per diluted share against $49,853,000 or 0.65 cents per diluted share a year ago. The profit increment was mainly driven by continuous gross profit expansion (which was in turn due to corresponding increase in turnover as a result of greater orders from customers), much less asset impairment loss, and reduction of effective income tax rate. Net cash from operating activities for the six months ended 30 June 2015 was $285 million. Net cash used in investing activities for the six months ended 30 June 2015 was $260 million, of which, mainly, $61 million represented the expenditures on property, plant and equipment related to the facilities in the Group's major sites in the PRC.
FIH Mobile Limited to Report First Half, 2015 Results on Aug 12, 2015
Jul 31 15
FIH Mobile Limited announced that they will report first half, 2015 results on Aug 12, 2015
FIH Mobile Limited, Board Meeting, Aug 12, 2015
Jul 31 15
FIH Mobile Limited, Board Meeting, Aug 12, 2015. Agenda: To approve unaudited interim results of the company and its subsidiaries for the six months ended June 30, 2015 and the publication of such interim results; and to consider the payment of an interim dividend, if applicable.
FIH Mobile Limited Provides Earnings Guidance for the Six Months Ending June 30, 2015
Jun 24 15
The board of directors of FIH Mobile Limited announced that, based on a preliminary review of the unaudited management accounts of the Group and other information currently available, it expects the unaudited consolidated interim results of the Group for the six months ending June 30, 2015 to record a consolidated net profit, which is expected to range from USD 120,000,000 to USD 135,000,000, when compared to the Group's unaudited consolidated net profit of USD 49,839,000 for the six months ended 30 June 2014, representing a significant increase by approximately USD 70,161,000 (141%) to USD 85,161,000 (171%). The Board understands that the expected consolidated net profit of the Group for the six months ending 30 June 2015 is primarily attributable to the continuous enhancement of the Group's consolidated gross profit, which is expected to exceed USD 225,000,000 for the six months ending 30 June 2015 (representing a significant increase by more than 59% as compared to USD 141,087,000 for the six months ended 30 June 2014), principally as a result of the corresponding increase of the Group's turnover (which is expected to exceed USD 3,750,000,000, representing a significant increase by more than 64% as compared to USD 2,283,452,000 for the six months ended 30 June 2014); much less impairment loss incurred by the Group in respect of its assets (which is expected to be less than USD 5,000,000, representing a significant decrease by more than 72% as compared to USD 17,898,000 for the six months ended 30 June 2014); and the reduction of the Group's effective income tax rate (which is expected to be less than 25% as compared to approximately 44% for the six months ended 30 June 2014).
FIH Mobile Limited Declares Final Dividend and Special Dividend for the Year Ended 31 December 2014
May 28 15
FIH Mobile Limited announced that AGM was held on May 28, 2015, the shareholders declared and pay a final dividend of $0.00544 per share of the company for the year ended 31 December 2014.
To declared and pay a special dividend of $0.01926 per share of the company for the year ended 31 December 2014.