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Valuetronics posts 2.8% lower FY19 earnings; seeks to mitigate trade war risks with Vietnam expansion

Michelle Zhu
Michelle Zhu • 3 min read
Valuetronics posts 2.8% lower FY19 earnings; seeks to mitigate trade war risks with Vietnam expansion
SINGAPORE (May 29): Valuetronics Holdings, the provider of electronics manufacturing services (EMS), announced a 2.8% y-o-y decline in FY19 earnings to HK$199.5 million ($35.1 million) from HK$204.7 million on lower revenue.
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SINGAPORE (May 29): Valuetronics Holdings, the provider of electronics manufacturing services (EMS), announced a 2.8% y-o-y decline in FY19 earnings to HK$199.5 million ($35.1 million) from HK$204.7 million on lower revenue.

A final dividend of 15 HK cents, along with a special dividend of 5 HK cents, has been recommended for FY19.

Including the HK 5-cent interim dividend paid out to shareholders in Dec 2018, this year’s interim, special and final dividends amount to 25 HK cents per share or 54.4% of FY19 net profit attributable to shareholders.

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