Shangri-La Asia (HK:0069) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Shangri-La Asia Limited reported a decline in profit for the first half of 2024, with consolidated profit before non-operating items down 8.5% to USD59.1 million and after non-operating items down 28.1% to USD94.5 million, despite a 4.3% revenue increase. The company also declared an interim dividend of HK5 cents per share, marking a return to dividend payouts after a previous year of no dividends.
For further insights into HK:0069 stock, check out TipRanks’ Stock Analysis page.