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Hengdeli Holdings Ltd (3389.HK)

3389.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Hengdeli HY profit attributable to shareholders RMB90.2 mln, down 64.7%<3389.HK>
Thursday, 18 Aug 2016 

Hengdeli Holdings Ltd <3389.HK>: HY profit attributable to shareholders RMB90.2 million, down 64.7% . HY revenue RMB 5.88 billion versus RMB 6.75 billion . Board does not recommend the payment of any interim dividend for the period ended 30 June 2016 . "In the second half of 2016, due to various uncertainties, the global economy will remain sluggish" . "We do not anticipate significantly better sales of watches in the greater china region as compared with the first half of 2016" .  Full Article

Hengdeli expects approximately 65% decrease in HY net profit<3389.HK>
Tuesday, 26 Jul 2016 

Hengdeli Holdings Ltd <3389.HK>: Profit warning . Expects profit attributable to its equity shareholders for six months ended 30 June 2016 will record a decrease of approximately 65% .Expected result due to net losses recognised by the co due to a repurchase of senior notes issued by the company.  Full Article

BRIEF-Hengdeli Holdings says HY revenue RMB1.06 billion

* HY loss attributable to equity shareholders RMB195.7 million versus profit of RMB90.2 million Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)