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I.T. Ltd (0999.HK)

0999.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

I.T. Ltd says FY net profit decreased by 33.0% to HK$209.7 million<0999.HK>
Wednesday, 25 May 2016 04:17am EDT 

I.T. Ltd <0999.HK>: FY net profit of the group decreased by 33.0% to hk$209.7 million . Says FY total turnover of the group increased by 5.0% to hk$7.54 billion . Resolved to recommend the payment of a final dividend of 8.4 hk cents per share for the year ended 29 February 2016 . Our expansion plan in mainland China will be rather gradual in the coming year " . Do not expect consumer spending momentum to witness any form of imminent improvement" . 2016 appears challenging" . Group intends to remain prudent about its shop portfolio in Hong Kong" . Weakening of major Asian currencies against the US dollar may continue to undermine consumer spending, particularly in Hong Kong" . 2016 is set to be affected by instability in tourist spending flows as well as macroeconomic and promotional headwinds" .  Full Article

IT Ltd says Tsang Hing Hung Eymon tendered resignation as CFO
Wednesday, 9 Sep 2015 08:57am EDT 

IT Ltd:Tsang Hing Hung Eymon has tendered his resignation and ceased to act as the Chief Financial Officer of the Company (the "CFO") with effect from 9 September 2015.Sham Kar Wai, Chief Executive Officer of the Company, assumes Mr. Tsang's responsibilities until the new CFO is on board.  Full Article

IT Limited gives H1 2015 outlook
Thursday, 13 Aug 2015 12:04am EDT 

IT Limited:Expects to record a foreign exchange loss of about HK$60 mln which may have a substantial negative impact to the results of the Group for H1 2015 as compared to H1 2014.  Full Article

IT Ltd resolves to recommend final dividend
Tuesday, 26 May 2015 04:17am EDT 

IT Ltd:Resolves to recommend payment of final dividend of HK$0.110 per share (FY13/14: HK$0.100 per share) for year ended Feb. 28.Final dividend amounts to about HK$135.0 million, if approved by the shareholders at forthcoming annual general meeting.  Full Article

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BRIEF-I.T. Ltd records 4.6% decline in Hong Kong same store sales

* Qtrly same store sales declined for Hong Kong by 4.6 percent