Company News in Brief
Tuesday 12 April 1994
Dinkie Heel, provider of components for the footwear making and repair industries, announced a threefold increase in pre-tax profits from pounds 201,000 to pounds 649,000 for the year to 31 December. Turnover showed a modest rise from pounds 6.7m to pounds 7.4m, helped by a 38 per cent rise in exports year on year. Earnings per share improved from 1.31p to 3.84p. Final dividend is 0.9p, making 1.4p (0.95p). The result pushed the shares up 6p to 46p.
QS Holdings, the clothing retailer, reported a 38 per cent decline in pre-tax profits from pounds 8.5m to pounds 5.25m for the year to 31 January despite showing improved group sales of pounds 58.1m ( pounds 50.8m). Earnings per share dropped to 8.49p (14.22p). Final dividend is 3.63p, making 5.19p (same). The share price fell 7p to 228p.
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