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Evergreen Products Clarifies Annual Results and Dividend Announcement

Story Highlights
  • Evergreen Products saw a HK$4.1 million increase in gross profit for wigs and hair accessories.
  • The Board proposed a final dividend of HK2.8 cents per share, down from last year.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Evergreen Products Clarifies Annual Results and Dividend Announcement

Confident Investing Starts Here:

The latest announcement is out from Evergreen Products Group Ltd. ( (HK:1962) ).

Evergreen Products Group Limited issued a clarification announcement regarding clerical errors in their annual results for the year ended December 31, 2024. The gross profit for wigs and hair accessories increased by HK$4.1 million, maintaining a stable gross profit margin of 22.6%. The Board recommended a final dividend of HK2.8 cents per share, slightly reduced from the previous year, pending shareholder approval.

More about Evergreen Products Group Ltd.

Evergreen Products Group Limited, incorporated in the Cayman Islands, operates in the hair products industry, focusing on wigs and hair accessories. The company is listed on the Stock Exchange of Hong Kong and is known for its effective cost control measures in its product segments.

YTD Price Performance: 10.0%

Average Trading Volume: 530,117

Technical Sentiment Signal: Buy

Current Market Cap: HK$319.9M

For an in-depth examination of 1962 stock, go to TipRanks’ Stock Analysis page.

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