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Pacific Millennium Posts Revenue Rise but Net Loss

Pacific Millennium Posts Revenue Rise but Net Loss

Pacific Millennium Packaging Group Corp. (HK:1820) has released an update.

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Pacific Millennium Packaging Group Corp. reports a 5.3% revenue increase to RMB 997.2 million in the first half of 2024, yet a significant swing to a net loss of RMB 15.3 million compared to a net profit in the previous year. Despite not declaring an interim dividend, the company has announced a special dividend of HK$0.08 per share to be paid in December 2024.

For further insights into HK:1820 stock, check out TipRanks’ Stock Analysis page.

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