Daily Bulletin

Men's Weekly

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China Dongxiang Announces FY2022/23 Annual Results

Operational Efficiency Rises on Omni-channel and Digital Transformation Proposed a Annual Dividend of RMB1.66 per Share with Full-year Payout Ratio of 85%

Results Highlights

  • Revenue amounted to RMB1,679 million, decreased by 12.4% YoY;
  • Profit attributable to owners of the Group posted strong growth YoY to RMB115 million;
  • Basic and diluted profit per share raised substantially YoY to RMB1.96 cents;
  • The Board of Directors recommended the distribution of annual dividend of RMB1.66 cents for the 12 months ended 31 March 2023;
  • Cash and bank balances amounted to RMB2,558 million; net assets value attributable to owners of the Company was RMB9,665 million; current ratio was 8.4 times, reflecting ample liquidity of the Group.

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