Binjiang Service Group Announces Strong H1 2024 Results
Company Announcements

Binjiang Service Group Announces Strong H1 2024 Results

Binjiang Service Group Co. Ltd. (HK:3316) has released an update.

Binjiang Service Group Co. Ltd. reported a significant revenue increase of 38.7% for the first half of 2024, with a notable surge in 5S value-added services by 158.5%. Despite the revenue growth, net profit margin declined slightly from 20.0% to 16.5%. The company has declared a robust interim dividend of HK$0.630 per share, indicating a payout ratio of 60% of the net profit attributable to equity shareholders.

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