k wah intl holdings (173) Snapshot

The Board of K. Wah International Holdings Limited has recommended a final dividend of 13 cents per share for the year 2017. Together with the interim dividend of 5 cents per share, total dividend for the year amounted to 18 HK cents per share, continuing to provide shareholders with stable returns. Record date for 2017 final dividend is 19 June 2018. Payment of 2017 final scrip dividend (with a cash option) of 13 cents per share is 18 July 2018.

The Board has resolved to recommend at the forthcoming annual general meeting to be held on 6 June 2018 a final scrip dividend for the year ended 31 December 2017 of 13 HK cents per share, totaling HKD 397,762,000, payable on 18 July 2018 to the shareholders whose names appear on the registers of members of the Company at the close of business on 19 June 2018 (2016: a final scrip dividend (with a cash option) of 13 HK cents per share totaling HKD 385,008,000). Together with the interim scrip dividend (with a cash option) of 5 HK cents per share (2016: interim scrip dividend (with a cash option) of 5 HK cents per share), total dividends per share for the year ended 31 December 2017 is 18 HK cents (2016 total: 18 HK cents).

K. Wah International Holdings Limited announced unaudited consolidated financial results for the year ended December 31, 2017. Revenue for the year was HKD 11,293,887,000 compared to HKD 9,619,956,000 for the same period a year ago. Profit before tax was HKD 6,735,327,000 compared to HKD 5,071,846 for the same period a year ago. Profit for the year was HKD 4,517,275,000 compared to HKD 3,226,131,000 for the same period a year ago. Profit attributable to equity holders was HKD 3,906,182,000 compared to HKD 3,181,996,000 for the same period a year ago. Diluted earnings per share was 127.78 HKD cents compared to 107.34 HKD cents for the same period a year ago.