Swang Chai Chuan’s Profits Dip in First Half of 2024
Company Announcements

Swang Chai Chuan’s Profits Dip in First Half of 2024

Swang Chai Chuan Limited (HK:2321) has released an update.

Swang Chai Chuan Limited reported a modest revenue decline of 2.1% and a 13.2% drop in profits in their interim financial results for the first half of 2024, compared to the same period the previous year. Earnings per share also decreased from 1.64 sen to 1.43 sen, and the Board has decided against paying an interim dividend.

For further insights into HK:2321 stock, check out TipRanks’ Stock Analysis page.

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