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A difficult Q2 report card for luxury goods: zero revenue growth, price increases and promotions together, with Hermès "holding up the roof".
Bank of America Merrill Lynch stated that the second-quarter weighted average income of the luxury goods industry recorded zero growth, the lowest in fifteen quarters, and also showed trends such as brand polarization, negative growth in hard luxury income, and deteriorating demand in the USA.
Dickson Concepts (International) Limited (HKG:113) Is About To Go Ex-Dividend, And It Pays A 8.7% Yield
Dickson Concepts Posts Higher Profit, Revenue for Fiscal Year 2024
DICKSON CONCEPT: 2024 Annual Report
Dickson Concepts (International) (HKG:113) Has A Rock Solid Balance Sheet
Dickson Concept (00113) rose by 5.35%. Year-on-year profit increased by 38.84%.
Dickson Concepts (00113) continued its recent upward trend and rose 5.35% to HKD 5.71 as of the time of writing, with a turnover of HKD 1.4222 million. According to the performance announcement, as of the end of the financial year on March 31, 2024, shareholders should have a surplus of HKD 351 million, an increase of 38.84% year-on-year, and basic earnings per share of 89 HK cents. It plans to distribute a final dividend of HKD 0.35 per share. During the period, the revenue was HKD 2.4 billion, a year-on-year increase of 12.64%.
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