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Tai Cheung Holdings Reports Steady Profits Amid Revenue Dip

Tai Cheung Holdings Reports Steady Profits Amid Revenue Dip

Tai Cheung Holdings Limited (HK:0088) has released an update.

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Tai Cheung Holdings Limited reported a modest increase in profit for the first half of 2024, achieving a net profit of HK$36.6 million, up from HK$35.7 million in the previous year. Despite a decline in revenue, the company maintained stable earnings per share and proposed an interim dividend of HK 12 cents per share. This steady financial performance highlights Tai Cheung’s resilience in navigating market challenges.

For further insights into HK:0088 stock, check out TipRanks’ Stock Analysis page.

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