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.

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