Yue Yuen Reports Soaring Profits and EPS
Company Announcements

Yue Yuen Reports Soaring Profits and EPS

Yue Yuen Industrial (Holdings) (HK:0551) has released an update.

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.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskYue Yuen Reports Mixed Financial Growth in 2024
TipRanks HongKong Auto-Generated NewsdeskYue Yuen Industrial Declares Interim Dividend
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App