NVC International Posts Strong Profit Growth

NVC International Holdings Ltd. (HK:2222) has released an update.

NVC International Holdings Ltd. reported a slight revenue decrease of 0.4% for the first half of 2024 compared to the previous year, yet gross profit rose by 13.5%. Despite the minor dip in revenue, profit before income tax soared from US$2.3 million to US$10.3 million, indicating a robust growth in profitability. However, the company has decided not to issue an interim dividend, consistent with its decision in the prior period.

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