Wecon Holdings Sees Profit Surge Despite Lower Margins

Wecon Holdings Ltd. (HK:1793) has released an update.

Wecon Holdings Ltd. reported a 17.4% increase in revenue to HK$580.3 million for the six months ending September 2024, despite a drop in gross profit and margin. The company’s profit attributable to equity holders surged by 127.3% to HK$5.0 million, while basic earnings per share doubled to HK0.6 cents. However, the Board has decided not to declare any interim dividend for this period.

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