Mainland hold (01100) released its performance for the six months ended June 30, 2024, and the group achieved income...
According to the Zhītōng Finance APP, mainland hold (01100) released its performance for the six months ended June 30, 2024. The group's income decreased by 11.94% to 687 million Hong Kong dollars. The share of the company's profits attributable to owners decreased by 45.8% to 35.269 million Hong Kong dollars, and the basic earnings per share were 8.218 Hong Kong cents. It plans to distribute an interim dividend of 3 Hong Kong cents per share.
During this period, the income of the manufacturing business decreased by 5.0% to 0.446 billion Hong Kong dollars (mid-2023: 0.469 billion Hong Kong dollars), accounting for approximately 64.9% of the group's total income. The decrease is mainly due to the weak retail consumer confidence in the European and American markets, as well as the slow sales caused by significant stockpiling of inventory by major customers before the year-end.