Fairwood Holdings (HK:0052) has released an update.
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Fairwood Holdings reported a slight 0.3% dip in revenue to HK$1,553.5 million for the six months ending September 2024, with profits attributable to shareholders dropping to HK$15.5 million from HK$36.3 million the previous year. Despite the decline, the company remains financially robust, boasting HK$595.8 million in cash reserves and no bank borrowings. The Board declared an interim dividend of HK5.0 cents per share, highlighting their commitment to returning value to shareholders.
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