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TodayIR: CHINA VAST reports surge in net profit with stable GP margin Recommends dividend of HK0.18 per share
CHINA VAST reports surge in net profit with stable GP margin Recommends dividend of HK0.18 per share
31 March, 2021 - China VAST Industrial Urban Development Company Limited ( China VAST or the Company , stock code: 6166; together with its subsidiaries, the Group ) announced its results for the year ended 31 December 2020 ( Year under review or the Year ). During the Year, the Group s revenue amounted to RMB2,364.4 million. The Group achieved a gross profit of RMB1,672.2 million for the Year. The gross profit margin of the Group for the Year was 69.7%, which was close to that of the previous year. The Group s profit for the Year was RMB844.6 million, representing a modest increase year-on-year, and the basic earnings per share were RMB0.51. ....

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