Dream Int'l (01126) announced its mid-year performance in 2024, with revenue of approximately 2.294 billion Hong Kong dollars, a 7.84% decrease compared to the same period last year.
Zhixin Finance APP reported that Dream Int'l (01126) announced its mid-year performance in 2024, with revenue of approximately 2.294 billion Hong Kong dollars, a 7.84% decrease year-on-year; net profit of approximately 0.279 billion Hong Kong dollars, a 16.47% decrease year-on-year; earnings per share of 0.412 Hong Kong dollars, with a mid-term dividend of 20 Hong Kong cents per share.
The announcement stated that the decrease in revenue was mainly due to conservative consumer sentiment in markets like the USA and the impact of destocking cycles of certain products, such as waterproof covers.