BRIEF-Texhong Textile Group Says FY Revenue Increased By 14.9% To Rmb22.0 Billion

March 16 (Reuters) - Texhong Textile Group Ltd:

* TEXHONG TEXTILE GROUP LTD- FY REVENUE INCREASED BY 14.9% TO RMB22.0 BILLION

* TEXHONG TEXTILE GROUP LTD- PROPOSED FINAL DIVIDEND IN RESPECT OF YEAR ENDED 31 DECEMBER 2019 OF HKD0.15 PER SHARE

* TEXHONG TEXTILE GROUP LTD- IN 2020, CAPITAL EXPENDITURE IS EXPECTED TO BE SIGNIFICANTLY REDUCED

* TEXHONG TEXTILE GROUP LTD- PROFITABILITY OF GROUP IS EXPECTED TO BE IMPROVED IN 2020

* TEXHONG TEXTILE GROUP LTD - FY PROFIT ATTRIBUTABLE DOWN 24.0% TO RMB883.7 MILLION Source text for Eikon: Further company coverage: