The latest announcement is out from Shoucheng Holdings Ltd. ( (HK:0697) ).
Shoucheng Holdings Ltd. reported a significant financial performance for the year ended December 31, 2024, with a 37.5% increase in revenue amounting to HK$1,215 million. The company’s profit attributable to owners rose slightly to HK$410 million, and earnings per share increased to HK5.76 cents. Despite the rise in revenue, the board recommended a lower final dividend of HK$120 million compared to the previous year, totaling HK$328 million in dividends for the year. This financial outcome indicates a strong operational performance, although the reduced dividend may reflect a strategic decision to reinvest in the business or manage cash flow.
More about Shoucheng Holdings Ltd.
YTD Price Performance: 44.17%
Average Trading Volume: 4,492
Technical Sentiment Signal: Strong Sell
Current Market Cap: €1.33B
Learn more about 0697 stock on TipRanks’ Stock Analysis page.