Belle International Holdings Ltd (1880.HK) Key Developments | Reuters.com
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Belle International Holdings Ltd (1880.HK)

1880.HK on Hong Kong Stock

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Belle International updates on operational data of retail business for May<1880.HK>
Wednesday, 8 Jun 2016 07:18am EDT 

Belle International Holdings Ltd <1880.HK>: Operational data of the retail business in mainland China for the first quarter of financial year 2016/17 <1880.HK> . For the first quarter of financial year 2016/17, the footwear business had a same store sales decline of 16.0% . For Q1 the sportswear and apparel business had a same store sales growth of 5.5 .  Full Article

Belle International posts FY net profit of RMB 2.93 bln<1880.HK>
Tuesday, 24 May 2016 09:02am EDT 

Belle International Holdings Ltd <1880.HK>: Announcement of annual results for the year ended 29 February 2016 <1880.HK> . FY revenue RMB 40.79 billion versus RMB40.01 billion a year ago . FY net profit RMB 2.93 billion versus RMB4.76 billion a year ago . The payment of a final dividend for the year ended 29 February 2016 of RMB6.0 cents per ordinary share . In near future, weak demand may put pressure on prices and gross profit margins . Group does not expect a risk of significant erosion to the gross profit margin of the footwear business . Likely for the footwear business to continue to experience gradual profit margin erosion in segment results" . Although staff wages continue to climb, same store sales growth was strong enough to mostly offset higher expenses . Currently sportswear and apparel business is growing at relatively faster pace, increasing relative revenue contribution to group . In near future sportswear and apparel business in position to maintain profit margin of segment results at high single digit level .  Full Article

Belle International Holdings Ltd announces fy 2016 profit warning
Tuesday, 29 Mar 2016 08:58am EDT 

Belle International Holdings Ltd:Expects that net profit in financial results for the year ended 29 February 2016 decreased by approximately 35% to 45%.Expect decrease in net profit as performance of footwear business continued to be weak in year 2015/16 and same store sales decreased further.  Full Article

Belle International Holdings Ltd recommends final dividend
Thursday, 25 Jun 2015 04:37am EDT 

Belle International Holdings Ltd:Recommended a final dividend of 0.19 Yuan per share for the Financial Year 2014/2015.  Full Article

Belle International Holdings Ltd to declare interim and special dividend
Monday, 27 Oct 2014 06:27am EDT 

Belle International Holdings Ltd:Resolved to declare an interim dividend of 0.15 Yuan (2013 interim dividend: 0.08 Yuan ) per ordinary share, totaling 1,265.1 million Yuan (2013 interim dividend: totaling 674.7 million Yuan).A special dividend of 0.25 Yuan (2013 special dividend: nil) per ordinary share, totaling 2,108.6 million Yuan (2013 special dividend: nil) for FY 2015.The interim dividend and the special dividend will be paid on or about Dec. 30 to members whose names appear on the register of members of the company on Dec. 2.  Full Article

China's Belle annual profit down 38 pct as consumer taste changes

HONG KONG, May 25 China's Belle International Holdings Ltd said annual net profit fell 38 percent as more and more consumers shift to athleisure products and away from traditional fashion footwear and dress shoes.