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Evergreen Products Group Reports Mixed H1 2024 Results

Evergreen Products Group Reports Mixed H1 2024 Results

Evergreen Products Group Ltd. (HK:1962) has released an update.

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Evergreen Products Group Ltd. has reported a 9.6% revenue increase in the first half of 2024, reaching HK$525.2 million, though net profit declined by 19.6% to HK$23.9 million due to higher finance costs, new business expenses, and increased taxes. Despite the profit downturn, the company announced an interim dividend of HK$3.0 cents per share, which is lower than the previous year’s HK$4.2 cents per share.

For further insights into HK:1962 stock, check out TipRanks’ Stock Analysis page.

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