Leefung-Asco Printers Holdings

Leefung-Asco profit dives

First-half profit for Leefung-Asco Printers Holdings fell a year-on-year 95 per cent to HK$559,000. The firm said that, due to a change in accounting policy, impairment losses in respect of unamortised carrying balances were charged to its income statement.

Friday, 31 August, 2001, 12:00am

Leefung-Asco magazine may reap $4m

Leefung-Asco Printers Holdings expects up to $4 million of revenue this year from an order to print the Chinese edition of American fashion magazine W.

Chairman John Yang Yat-kwei said 3,000 copies of the women's monthly magazine will be printed each month for distribution in the local market.

10 Jul 1999 - 12:00am

Printing firm makes ground

Leefung-Asco Printers Holdings recorded $55.2 million of profit attributable to shareholders for the year to December 31, slightly up 0.15 per cent from the previous $55.12 million. Turnover rose 17.6 per cent to $809.94 million against $688.69 million in 1997. An exceptional $8.6 million loss for revaluation of investment property was recorded.

19 Mar 1999 - 12:00am

US partner for Leefung-Asco

LEEFUNG-ASCO Printers Holdings has entered a 50-50 joint venture with the giant US-based printer R.R. Donnelly & Sons, to expand its financial printing services, Focal Printing.

The joint venture, to be called R.R. Donnelly/Leefung-Asco (Hongkong), wants to break into the competitive business of printing commercial and financial documents.

11 Jan 1993 - 12:00am