Chow Sang Sang Sees Profits Dip in First Half of 2024
Company Announcements

Chow Sang Sang Sees Profits Dip in First Half of 2024

Chow Sang Sang Holdings International (HK:0116) has released an update.

Chow Sang Sang Holdings International reported a 13% decline in turnover and a 36% drop in profits for the first half of 2024, compared to the same period last year, with retail sales and other businesses experiencing significant downturns. Despite the lower earnings, the company maintained its shareholder equity level and announced an interim dividend of 15 cents per share, which represents a 19% dividend payout ratio.

For further insights into HK:0116 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskChow Sang Sang Appoints New Independent Director
TipRanks HongKong Auto-Generated NewsdeskChow Sang Sang Announces Board Reshuffle
TipRanks HongKong Auto-Generated NewsdeskChow Sang Sang Plans Strategic Share Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App