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Valuetronics posts 4.6% growth in earnings for FY21, declares final DPS of 16 HK cents

Atiqah Mokhtar
Atiqah Mokhtar5/30/2021 10:06 AM GMT+08  • 3 min read
Valuetronics posts 4.6% growth in earnings for FY21, declares final DPS of 16 HK cents
Including the interim dividend of 5 HK cents per share, the full DPS for FY21 amounts to 20 HK cents.
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Mainboard-listed Valuetronics Holdings has recorded earnings of HK$187.1 million ($31.9 million) for the FY2021 ended March, up 4.6% y-o-y from $178.9 million previously.

This translates to earnings per share (EPS) of 43 HK cents, up from 41.2 HK cents previously.

Revenue for the FY2021 dipped by 3.1% y-o-y to HK$2.3 billion from $2.4 billion previously, primarily driven by lower revenue from consumer electronics, which dipped 25.7% y-o-y to HK$680.7 million on weak customer demand and a scheduled production switch over from China to another ASEAN country.

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