Paladin Int. result
NZPA Hong Kong Paladin International has reported an unaudited profit of JHK29.6 million (SNZS.B4M) for the six months ended September 30. The Hong Kong-listed Paladin is a subsidiary of New Zealand Equities. The company’s interim statement said turnover for the period had been 5HK233.33M (SNZ4S.O9M). Earnings per share were 14c. No interim dividend will be paid for the six months. Net asset backing per share amounted to HK2O4c (NZ4Oc). Paladin closed on Friday at HKlO7c (NZ2lc). The high for the year was HK4IOC (NZBIC). Paladin was listed on the Hong Kong Stock Exchange late last year after it acquired a controlling 51 per cent stake in J. F. Special Holdings.
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Press, 1 December 1987, Page 49
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113Paladin Int. result Press, 1 December 1987, Page 49
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