Yue Yuen Industrial (Holdings) (HK:0551) has released an update.
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Yue Yuen Industrial (Holdings) Limited reports a significant surge in recurring profit by 123.8% and an overall profit increase of 120.6% per owner for the first half of 2024, despite a slight revenue drop of 3.4%. Earnings per share have more than doubled, jumping from 5.19 to 11.44 US cents, accompanied by a doubling of the interim dividend to HK$0.40.
For further insights into HK:0551 stock, check out TipRanks’ Stock Analysis page.