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Hong Kong Shanghai Alliance Reports Revenue Drop But Raises Dividend
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Hong Kong Shanghai Alliance Reports Revenue Drop But Raises Dividend

Hong Kong Shanghai Alliance Holdings (HK:1001) has released an update.

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Hong Kong Shanghai Alliance Holdings Limited reported a 20.6% decrease in revenue for the six months ending September 2024, citing a challenging market environment. Despite the decline in revenue, the company saw a 3.2% increase in profit attributable to owners, and raised the interim dividend per share by 20%, indicating confidence in its financial stability.

For further insights into HK:1001 stock, check out TipRanks’ Stock Analysis page.

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