Tingyi (Cayman Islands) Holding (SEHK: 0322) recorded operating revenue of USD 2.648 billion in the first quarter of 2013, growing 37.39% over a year earlier, announced the company on May 20.
Net profits attributable to shareholders reached USD 105 million, slumping 47.42%; basic earnings per share were USD 0.0188. No dividends will be distributed.
The acquisition of Pepsi's China's beverage business in the first quarter of 2012 helped the company to increase gains on bargain of USD 1.91 for the period. If deducting the gains, the net profits in the first quarter of this year will inch up 0.68%.
Source:
http://www.sinocast.com/readbeatarticle.do?id=93757
