Justin Allen H (01425) announced its interim business performance for 2024, with a profit of 0.385 billion Hong Kong dollars, a year-on-year increase of 6.0%...
According to the Zhitong Finance APP, Justin Allen H (01425) announced its interim business performance for 2024, with a profit of 0.385 billion Hong Kong dollars, a year-on-year increase of 6.0%; shareholders' profit attributable was 42.906 million Hong Kong dollars, a year-on-year increase of 6.7%; basic earnings per share were 3.43 Hong Kong cents.
In the first half of 2024, the Group's gross profit was approximately 0.1077 billion Hong Kong dollars, with an average gross margin of about 28.0%. In the same period of 2023, the gross profit was approximately 99.6 million Hong Kong dollars, with an average gross margin of about 27.4%. The business strategy actively adopted by the company, such as diversifying production bases, allows the company to allocate production tasks between different bases to save raw materials and production costs, resulting in a slight increase in the average gross margin for this period.
