- 12 mth Revenue increased by 3.5% (Q4 increased by 4%).
- Gross profit dropped by 3% (Q4 dropped by 6%).
- Profit dropped by 12.2% (Q4 dropped by 34.2%)
- EPS(Group) increased from 3.53 cents to 3.91 cents (Profit drop yet EPS increased?)
- NAV (Group) dropped from 44.83 cents to 33.10 cents
- Interim dividend (0.97 cents) Final dividend (0.97cents)
Comments:
It seems like the Q4 results is pretty disappointing and YOY profit has dipped more than 10%.
With the reduced dividend (previously 2cents in total), the yield of this company is about 8.1% only. I would certainly look at selling this stock soon.
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