Huabao International Faces Profit Decline Yet Pays Dividend
Company Announcements

Huabao International Faces Profit Decline Yet Pays Dividend

Huabao International Holdings (HK:0336) has released an update.

Huabao International Holdings Limited reports a modest revenue increase of 3.0% for the first half of 2024 compared to the previous year, but sees a significant drop in key profitability metrics, including a 76.9% decline in profit for the period and an 80.7% decrease in earnings per share. Despite the challenges, the company has declared an interim dividend, suggesting a commitment to providing shareholder value amidst a tough financial period.

For further insights into HK:0336 stock, check out TipRanks’ Stock Analysis page.

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