Perennial Int'l (00725) announced its performance for the six months ended June 30, 2024, with revenue of 0.161 billion Hong Kong dollars...
Zhitong Finance APP news, Perennial Int'l (00725) released its performance for the six months ended June 30, 2024, with revenue of 0.161 billion Hong Kong dollars, a year-on-year increase of 4.2%; net income of 7.8 million Hong Kong dollars, a year-on-year increase of 21.5%; basic earnings per share of 3.9 Hong Kong cents.
During the mid-term review period, the sales of power lines accounted for 56% of the group's revenue (2023: 60%), while wire harnesses accounted for 43% (2023: 37%), and cables, wires, and plastics resins accounted for the remaining 1% (2023: 3%). For the period ended June 30, 2024, shipments from Vietnam accounted for 68% of the group's revenue (2023: 52%), while goods from the company's China factories accounted for the remaining 32% (2023: 48%).
