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Big profit jump for Jademan

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Kenneth Ko

JADEMAN Holdings yesterday reported a 138.5 per cent rise in profit before extraordinary items to $46.9 million for the six months ended September 30, compared with $19.66 million for the same period in 1991.

There was an exceptional gain, arising from write-backs, of $4.23 million, but it also saw an extraordinary loss of $1.56 million.

Profit attributable to shareholders amounted to $45.33 million.

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Turnover rose 14.6 per cent to $233.63 million from $203.9 million.

Earnings per share were 7.52 cents, compared with 3.4 cents previously. The company will pay an interim dividend of three cents a share.

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Jademan said it was producing jointly with a Japanese publisher a comic series adapted from the Chinese historical novel, The Three Kingdoms.

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