Wahsun Handbags (02683) rose over 7%, as of the time of writing, up 7.69%, trading at HK$0.49, with a transaction volume of HK$2.6253 million.
According to Zhitong Finance APP, Wahsun Handbags (02683) rose over 7%, as of the time of writing, up 7.69%, trading at HK$0.49, with a transaction volume of HK$2.6253 million.
In the news, Wahsun Handbags announced its interim results for the six months ended September 30, 2024, with revenue of HK$0.352 billion, a year-on-year increase of 5.33%; profit attributable to shareholders of HK$26.98 million, a year-on-year increase of 29.05%; basic earnings per share of 6.6 HK cents. Interim dividend of 3 HK cents, with a special dividend of 1 HK cent.
The announcement stated that in the first half of 2024, the group experienced a slight decrease in revenue from USA customers of approximately HK$7.6 million or 2.7%, mainly due to a decline in consumer confidence in the USA consumer market. However, the contributions from new clients and existing clients' orders in Europe (especially the Netherlands) completely offset the decline, increasing from approximately HK$2.5 million in the first half of 2023 to approximately HK$12.3 million in the first half of 2024.