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Eagle Nice Reports Revenue Growth but Declines in Profit

Eagle Nice Reports Revenue Growth but Declines in Profit

Eagle Nice (International) Holdings Ltd. (HK:2368) has released an update.

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Eagle Nice (International) Holdings Ltd. reported an 18.3% increase in revenue to HK$2,982.9 million for the six months ending September 2024, compared to the same period in 2023. However, the company’s profit attributable to owners fell by 20.1% to HK$183.2 million, with a decrease in gross profit margin from 20.5% to 17.1%. An interim dividend of HK22 cents per share was declared, down from HK30 cents the previous year.

For further insights into HK:2368 stock, check out TipRanks’ Stock Analysis page.

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