Ten Pao Group Holdings Limited (HK:1979) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Ten Pao Group Holdings Limited reported a substantial growth in financial performance for the first half of 2024, with revenue increasing by 5.6% and profit before income tax surging by 28.2% compared to the same period last year. The company’s gross profit margin also saw a healthy rise, and as a result, the Board has announced an interim dividend of HK5.2 cents per share, up from HK2.8 cents the previous year.
For further insights into HK:1979 stock, check out TipRanks’ Stock Analysis page.