Skyworth Digital Holdings (HK:0751) has released an update.
Skyworth Group Limited reported a 6.6% decrease in revenue but a 15.9% increase in profit for the six months ended June 30, 2024, compared to the same period last year. Despite higher profits, the company has decided not to issue an interim dividend, considering potential cash utilization for corporate exercises such as share buy-backs. This strategic move reflects Skyworth’s focus on leveraging its earnings to support future growth and market activities.
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