Haitian International Holdings ( (HK:1882) ) has issued an announcement.
Haitian International Holdings Limited reported a significant increase in its annual financial results for the year ended December 31, 2024. The company achieved a 23.4% rise in revenue, reaching RMB16,128.3 million, and a 23.6% increase in profit attributable to shareholders, amounting to RMB3,080.3 million. This growth is attributed to the restructuring of the global industrial chain and accelerated exports from downstream industries. The gross profit margin improved slightly to 32.5%, aided by lower raw material costs and economies of scale. The board declared a second interim dividend, resulting in a total dividend of HKD0.73 per share for 2024, up from HKD0.66 in 2023.
More about Haitian International Holdings
Haitian International Holdings Limited, incorporated in the Cayman Islands, operates in the manufacturing industry with a focus on producing and exporting industrial machinery. The company is listed on the Hong Kong Stock Exchange under the stock code 1882.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.74B
Learn more about 1882 stock on TipRanks’ Stock Analysis page.