tiprankstipranks
Trending News
More News >

Pak Fah Yeow Reports Decline in 2024 Profits Amid Healthcare Sales Slump

Story Highlights
Pak Fah Yeow Reports Decline in 2024 Profits Amid Healthcare Sales Slump

Confident Investing Starts Here:

Pak Fah Yeow International Limited ( (HK:0239) ) just unveiled an update.

Pak Fah Yeow International Limited reported a decrease in revenue and underlying recurring profit by 8.6% and 13.0% respectively, primarily due to a decline in sales in its healthcare business. The reported profit fell by 25.1%, largely due to higher non-cash fair value losses on investment properties. Despite these declines, the company proposed a final dividend of HK3.8 cents per share and a special final dividend of HK6.7 cents per share, indicating a commitment to returning value to shareholders.

More about Pak Fah Yeow International Limited

Pak Fah Yeow International Limited operates in the healthcare industry, with additional interests in property and treasury investments. The company is known for its healthcare products and has a market focus that includes property and treasury investments.

YTD Price Performance: -10.48%

Average Trading Volume: 107,932

Technical Sentiment Signal: Sell

Current Market Cap: HK$691.8M

Learn more about 0239 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1