China Hongqiao Group Ltd. (HK:1378) has released an update.
China Hongqiao Group Ltd. has reported a significant financial performance for the first half of 2024, highlighting a 12% revenue increase and a substantial growth in profit by 236.7% compared to the same period last year. The company’s net profit attributable to shareholders also soared by 272.7%, resulting in a basic earnings per share jump of 273%. Following these strong results, an interim dividend of HK59.0 cents per share has been declared, showing a marked increase from the previous year’s HK34.0 cents.
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