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Hong Kong Shanghai Alliance’s Mixed Financial Results
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Hong Kong Shanghai Alliance’s Mixed Financial Results

Hong Kong Shanghai Alliance Holdings (HK:1001) has released an update.

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Hong Kong Shanghai Alliance Holdings Limited reported a decrease in annual revenue by 13.4% and a decline in profit for the year by 6.3% for the fiscal year ending March 31, 2024. Despite these challenges, the company experienced an increase in gross profit by 9.1% and operating profit by 10.6%, indicating an improvement in operational efficiency. Additionally, the company has adjusted its dividends, increasing its interim dividend by 50% and decreasing its final dividend by 33.3%.

For further insights into HK:1001 stock, check out TipRanks’ Stock Analysis page.

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