Tak Cheung soars 212pc

PUBLISHED : Saturday, 18 December, 1993, 12:00am
UPDATED : Saturday, 18 December, 1993, 12:00am
 

INTERNATIONAL Tak Cheung Holdings had a 212.75 per cent rise in profit to $165.11 million for the six months ended September 30.


Fully diluted earnings per share rose 53 per cent to 50.5 cents.


The company will pay an interim scrip dividend of five cents per share with a cash option.


Turnover for the period was halved to $283.89 million.


Meanwhile, Paul Y-ITC Construction Holdings has reported a 83.37 per cent rise in profit to $83.01 million for the same period. Earnings per share were 14.1 cents. No interim dividend was declared.


Turnover for the period rose 52 per cent to $827.24 million.


Paul Y-ITC was listed on the stock exchange in September.


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