Evergreen PG (01962) announced its mid-term performance for 2024, with revenue of approximately 0.525 billion Hong Kong dollars, a year-on-year increase of 9....
Zhongtong Financial APP, Evergreen PG (01962) announced its mid-term performance for 2024, with revenue of approximately 0.525 billion Hong Kong dollars, a year-on-year increase of 9.6%. Gross profit was 0.1176 billion Hong Kong dollars, a year-on-year increase of 6.9%. The company's attributable surplus for the period was 24.882 million Hong Kong dollars, a year-on-year decrease of 21.31%; basic earnings per share were 0.04 Hong Kong dollars, and the interim dividend was 3.0 Hong Kong cents per share.
Compared with the same period in 2023, the net profit margin has dropped to 4.5%, mainly due to the increase in financing costs caused by persistent high interest rates, the start-up costs of the new hairstyle design business, the increase in ongoing expenses, and the increase in income tax and deferred tax expenses due to the expiration of the tax exemption period in Bangladesh.
