not vested
AAC Tech profit dives by 56.7pc to 770m yuanBlue-chip electronics component maker, AAC Technologies (2018) said interim net profit plunged by 56.71 percent from a year ago to 770 million yuan (HK$851 million), dragged down by reduced gross profit and increased research and development costs.
Revenue dropped by 10.17 percent year-on-year to 7.57 billion yuan, among which revenue from its acoustics business fell by 15 percent to 3.65 billion yuan.
Optical business revenue in the first half of 2019 increased by 73 percent year-on-year to 417 million yuan, while revenue from electromagnetic drives and precision mechanics shrank by 12 percent to 3.03 billion yuan.
Gross profit margin decreased from 36.7 percent to 27.5 percent, owing to average sales price pressures on legacy products and unfavorable product mix due to slow-down in innovation and specs upgrade, said the company.
Earnings per share were 0.64 yuan, and the company declared an interim dividend of 40 HK cents per share.
Source: The Standard
http://www.thestandard.com.hk/breaking- ... 0823&sid=2
It's all about "how much you made when you were right" & "how little you lost when you were wrong"