Haitian International Posts Strong Mid-Year Growth

Haitian International Holdings (HK:1882) has released an update.

Haitian International Holdings Limited reported a robust increase in revenue and profits for the first half of 2024, with revenue up by 25.7% and profit attributable to shareholders rising by 23.5%, compared to the same period in 2023. The company experienced a growth in sales due to the restructuring of the global industrial chain and saw an improvement in gross profit margin due to lower raw material prices. Despite the positive financial results, the Board has decided not to declare an interim dividend and will consider potential distributions after the annual review.

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