Glory Securities reported on November 28 that Youhe Group (02347.HK) announced that for the six months ending September 30, 2024, the company's revenue reached 387 million Hong Kong dollars, a decrease of approximately 2.3% compared to the first half of 23/24. The gross margin for the first half of 24/25 was approximately 15.2% (first half of 23/24: approximately 14.9%).
The adjusted net profit for the first half of 24/25 was approximately 11.8 million Hong Kong dollars (first half of 23/24: approximately 10.5 million Hong Kong dollars). The net profit for the first half of 24/25 was approximately 11.2 million Hong Kong dollars (first half of 23/24: approximately 10.3 million Hong Kong dollars). The board of directors recommends a mid-term dividend of 0.015 Hong Kong dollars per ordinary share for the first half of 24/25 (first half of 23/24: zero).
