Wah Sun Handbags Sees Strong Growth and Dividend Increase

Wah Sun Handbags International Holdings Ltd. (HK:2683) has released an update.

Wah Sun Handbags International Holdings Ltd. reported a robust financial performance for the first half of 2024, with a 5.3% increase in revenue to HK$352.3 million and a significant 20.9% growth in gross profit to HK$75.1 million. The company’s net profit attributable to shareholders rose by HK$6.1 million to HK$27.0 million, leading to an increase in earnings per share to HK6.6 cents. The board has declared an interim dividend of HK3.0 cents per share and a special dividend of HK1.0 cent per share, reflecting their confidence in the company’s continued growth.

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