Lee & Man Chemical Co. Ltd. (HK:0746) has released an update.
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Lee & Man Chemical Company Limited reported a significant profit increase of 129.5% to HK$240 million for the first half of 2024, driven by reduced raw material and energy costs, while maintaining revenue at HK$1,990 million. Gross profit margin improved by 6.8 percentage points, and shareholders are set to receive an enhanced interim dividend of HK14 cents per share, up from HK5 cents in the previous year.
For further insights into HK:0746 stock, check out TipRanks’ Stock Analysis page.