Dividend

Sinking profits at shipyard

PUBLISHED : Saturday, 24 April, 1999, 12:00am
UPDATED : Saturday, 24 April, 1999, 12:00am

Guangzhou Shipyard International said net profit tumbled 52 per cent to 19.03 million yuan, despite turnover advancing 10.8 per cent to 1.86 billion yuan. Earnings per share were 3.85 fen, compared with 8.02 fen. A final dividend of two fen a share will be paid.