Citic Telecom International (1883) said net profit for 2019 increased by 4 percent on-year to HK$1.002 billion including the valuation gain on investment property of HK$18.3 million. Excluding the valuation gain on investment property, the profit would have increased by 6.1 percent as compared to the yer before, the telco said. The basic earnings per share were 27.5 HK cents, representing a 3 percent rise. The telco recommended a final dividend of 15 HK cents per share for 2019. Together with the 2019 interim dividend of HK5.0 cents per share, total dividends per share for 2019 amounted to 20 HK cents, representing a 11.1 percent growth over the previous year.

Source: The Standard March 03, 2020 05:41 UTC