Net Profit Decline

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SanDisk third quarter net profit decline 28%eps exceeding expectation

Sina Science and technology news Beijing time October 21 morning, SanDisk announced today that because the growth of product sales can not compensate for the decline in authorized business, the company's third-quarter profit year-on-year decrease of 28%, but because of earnings per share than Wall Street expected, the shares still rose after 2.29%.  Sandisk CEO Sanger Mehrotla (Sanjay Mehrotra) says Sandisk's demand in multiple markets is strong, and the growth of a lightweight notebook will benefit the company. SanDi ...

Wayne Holdings falls 7.32% net profit down 5.4% from a year earlier

00856-HK, who fell 7.32% per cent for half a year, reported HK $1.14, a deal of HK $4.3688 million, and the net profit of the company dropped 5.4% to HK $231.62 million in the same period as the same.  The company said the net profit decline was mainly due to the doubling of the financing cost to HK $93.1 million. Industry and Commerce East Asia said that the main reason for poor performance is the acquisition of ECS (E18. SG) refinancing of transitional loans and higher interest rates on that loan. This creates a one-off effect on last year's earnings. And said that by the end of March, Wai Holdings held a net debt of HK $900 million, net equity debt rate of 7 ...

Wayne Holdings falls 7.32% net profit down 5.4% from a year earlier

00856-HK, who fell 7.32% per cent for half a year, reported HK $1.14, a deal of HK $4.3688 million, and the net profit of the company dropped 5.4% to HK $231.62 million in the same period as the same.  The company said the net profit decline was mainly due to the doubling of the financing cost to HK $93.1 million. Industry and Commerce East Asia said that the main reason for poor performance is the acquisition of ECS (E18. SG) refinancing of transitional loans and higher interest rates on that loan. This creates a one-off effect on last year's earnings. And said that by the end of March, Wai Holdings held a net debt of HK $900 million, net equity debt rate of 7 ...

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