2016.06.28
Pico Far East Holdings Limited Announces 2016 Interim Results

 

  • Turnover increased 7.4% to HK$2,025 million
  • Profit from Operations increased 26.8% to HK$159 million
  • Profit attributable to Owners of the Company increased 17.9% to HK$129 million
  • Interim Dividend HK4.5 cents representing payout ratio of 42.7%

 

Financial Summary

For the 6 months ended 30 April (HK$'000)

2016

2015

Change

Turnover

2,024,872

1,884,643

+7.4%

Gross profit

576,102

528,446

+9.0%

Gross profit margin (%)

28.5%

28.0%

+0.5pp

Profit from operations

158,927

125,307

+26.8%

Profit attributable to Owners of the Company

128,723

109,184

+17.9%

Net profit margin (%)

6.4%

5.8%

+0.6pp

Basic earnings per share

HK10.54 cents

HK8.97 cents

+17.5%

Interim dividend per share (recommended)

HK4.5 cents

HK4.5 cents

-


 (Hong Kong, 28 June 2016) Pico Far East Holdings Limited (“Pico”, “the Company” or “the Group”, HKEx: 752), a leading global Total Brand Activation company, today announced its 2016 interim results for the 6 months ended 30 April 2016 (the “period”).

During the period, Pico recorded a turnover of HK$2,025 million (1H2015: HK$1,885 million), increased by 7.4% compared with the previous corresponding period. Profit attributable to Owners of the Company increased by 17.9% to HK$129 million (1H2015: HK$109 million).

The Board of Directors recommended an interim dividend of HK4.5 cents per ordinary share.

Business Review

Turnover by segment

For the 6 months ended 30 April

2016

2015

Change in turnover

HK$’ Million

% to Turnover

HK$’ Million

% to Turnover

Exhibition and Event Marketing Services

1,396.5

68.9%

1,298.4

 68.9%

+7.6%

Brand Signage & Visual Identity

199.9

9.9%

283.9

15.1%

-29.5%

Museum, Themed Environment, Interior & Retail

242.9

12.0%

204.5

10.8%

+18.8%

Conference and Show Management

185.6

9.2%

97.8

5.2%

+89.7%

 

For details, please refer to a full version of the 'Unaudited Interim Results for the Six Months Ended April 30, 2016’ announcement. https://www.pico.com/en/investor/company-announcement

 


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