PolyU Library
Journal Call no.AP8.W56
AuthorKalathil, Shanthi.
Article TitleFirm's results breathe life into buried sector : Fountain Set reports profits grew by half / Shanthi Kalathil.
Is Part OfWindow ; v.4, no.50, 23-30 Dec 1994, p.57, illus.
AbstractAlthough Hong Kong's textile sector has been pummelled recently, some analysts think Fountain Set's results in the end of 1994 just may breathe new life into the company's share price, currently looking cheap at a year low of $1.13. Net profits for the year to 31 August 1994 came to $222.9 million, up 49.8 per cent from last year's $148.77 million. This article introduces how the company operate in this tough environment.