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Dividend Declaration

12 Sep 2014 07:00

RNS Number : 4470R
Jiasen International Holdings Ltd
12 September 2014
 

 

 

JIASEN INTERNATIONAL HOLDINGS LIMITED

 

DIVIDEND PAYMENT UPDATE

 

 

 

On 15 July 2014, Jiasen International Holdings Limited ("Jiasen", the "Group"), declared a total inaugural interim dividend payment for the six months ended 30 June 2014 of £1,824,845.42, based on 121,656,361 outstanding shares. 

 

The interim dividend is 1.50 pence per share and Jiasen is pleased to announce this has been paid today to all shareholders on the register as at the close of business on Friday, 1 August 2014.

 

 

 

Further enquiries:

 

Jiasen International Holdings Limited

 

Tan Kian

 

+86 18016603993 

Cairn Financial Advisers LLP

(Nominated Adviser)

Jo Turner

Liam Murray

 

+44 (0)20 7148 7900

Hume Capital Securities plc

(Broker)

Guy Peters

+44 (0)20 3693 1470

 

Cardew Group

Shan Shan Willenbrock

David Roach

Lauren Foster

+44 (0)20 7930 0777

 

 

 

Notes to Editors

· Jiasen (PRC) was established in 2001 and is based in Quanzhou City, Fujian province, located in south-eastern China. Its products are sold and marketed under the 'Fuyou' brand and produced in its 83,000 sqm factory in Nan'an City, Fujian province by its workforce of more than 1,400 employees. According to Euromonitor International Limited, Jiasen PRC, ranked first in terms of manufacturer sales value for the year ended December 31, 2012 within the high-end solid wooden doors segment in China, with an estimated market share of 6.1%.

· The Group's main products include doors, wall panels and assorted fixtures, such as fitted wardrobes, cupboards and skirting boards, and furniture which are sold principally to property development projects, through branded 'Fuyou' retail stores and to export markets to retailers such as B&Q in the UK. The Group's products are sold in three main segments: residential and property development projects, wholesale and export. In FY13, the Directors estimate the Group sold in excess of 300,000 solid wooden doors, fixture items and furniture pieces and generated Group revenue of RMB782.8million (circa £77.2million) and net profit after tax of RMB177.8million (circa £17.5 million).

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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