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PAX Global’s Interim Profits Dip, Dividends Up

PAX Global’s Interim Profits Dip, Dividends Up

PAX Global Technology (HK:0327) has released an update.

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PAX Global Technology Limited reports a decrease in its interim financial results for the first half of 2024, with revenue down by 15.6% and profit dropping by 30.3% compared to the same period in 2023. Despite these declines, the company has increased its interim dividend per share by 14.3%, showcasing a mix of challenges and shareholder commitment. The balance sheet remains stable with slight increases in total current assets and total equity.

For further insights into HK:0327 stock, check out TipRanks’ Stock Analysis page.

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