Vedan International Reports Profit and Dividend Hike
Company Announcements

Vedan International Reports Profit and Dividend Hike

Vedan International (Holdings) Ltd. (HK:2317) has released an update.

Vedan International (Holdings) Limited reported a mixed financial performance for the first half of 2024, with revenue slightly declining by 2% but gross profit surging 46.5% compared to the previous year. The company turned around from a loss, posting a profit for the period of $8,344,000 and a proposed increase in interim dividend per share. The balance sheet shows a decrease in total assets from the end of the previous year.

For further insights into HK:2317 stock, check out TipRanks’ Stock Analysis page.

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