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Belle International Holdings Ltd (1880.HK)

1880.HK on Hong Kong Stock

5.27HKD
13 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Belle International Holdings says trading in shares has been halted on april 18
Monday, 17 Apr 2017 09:32pm EDT 

April 18 (Reuters) - Belle International Holdings Limited <1880.HK>:Trading in shares of Belle International Holdings Limited has been halted at 9:00 a.m. On April 18.  Full Article

Belle International expects profit attributable for year ended Feb 2017 to decrease
Sunday, 19 Mar 2017 08:16pm EDT 

Belle International Holdings Ltd <1880.HK>:Expects profit attributable for year ended 28 February 2017 decreased by approximately 15 pct to 25 pct.  Full Article

Belle International updates on divestment of Baroque
Wednesday, 28 Sep 2016 10:56am EDT 

BELLE INTERNATIONAL HOLDINGS LTD <1880.HK> : Belle Intl-inside Information - Proposed Disposal Of Shares In Baroque Japan Limited In The Proposed Offering <1880.HK> . Board of directors of baroque informed co that it approved proposed offering, Baroque obtained listing approval on proposed offering from tokyo stock exchange . Total net proceeds from disposal expected to be equivalent to approximately HK$446.1 million, if over-allotment option not exercised . Group is expected to recognize a gains on proposed disposal and dilution gain of approximately RMB236.8 million and RMB276.0 million .Market capitalization of Baroque upon completion of proposed offering is expected to be approximately JPY79,526.7 million.  Full Article

Belle Int'l says Big Unity and Hero Gain enters into partnership agreement<1880.HK>
Tuesday, 23 Aug 2016 08:12am EDT 

Belle International Holdings Ltd <1880.HK>: Says each of Big Unity, an indirect wholly- owned subsidiary of the company, and Hero Gain, entered into a limited partnership agreement . Each of Big Unity and Hero Gain has committed to invest US$60.0 million (equivalent to approximately HK$468.0 million) in the fund, respectively .  Full Article

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

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Belle Int'l halts trading, cites merger announcement

SHANGHAI, April 18 Chinese footwear giant Belle International Holdings Ltd has suspended trading in its shares pending an announcement related to Hong Kong's "takeovers and mergers" code, the firm said in a filing on Tuesday.