China Foods Limited (HK:0506) has released an update.
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China Foods Limited reported a 9% decrease in revenue for the first half of 2024 compared to the same period in 2023, although adjusted EBIT and EBITDA saw slight increases of 2.8% and 1.2%, respectively. Despite these mixed financial results, the company’s board has decided not to declare an interim dividend for this period.
For further insights into HK:0506 stock, check out TipRanks’ Stock Analysis page.