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Chow Sang Sang Reports Decline in 2024 Financial Results
Chow Sang Sang Holdings Announces Final Dividend for 2024
CHOW SANG SANG (00116) will distribute a final dividend of HK$0.36 per share on June 19.
CHOW SANG SANG (00116) announced that it will distribute dividends as of December 31, 2024, on June 19, 2025...
CHOW SANG SANG (00116.HK) expects a 20% decrease in profit attributable to shareholders in 2024, amounting to 0.806 billion Hong Kong dollars.
On March 25, Gelonghui announced that CHOW SANG SANG (00116.HK) reported a 15% decline in the consolidated operating revenue of its continuing Operation Business to 21.176 billion HKD for 2024. The profit attributable to the company owners decreased by 20% to 0.806 billion HKD. The profit attributable to the company owners from continuing Operation Business decreased by 27% to 0.772 billion HKD. Earnings per share are 119.1 cents. In 2024, the unclear economic conditions and the historic high of gold prices have put significant pressure on jewelry demand in mainland China, Hong Kong, and Macau, leading to a 15% year-on-year decline in revenue. The company continues to integrate its store network.
Express News | Chow Sang Sang Holdings International FY Net Income Attributable HKD 806 Million
Express News | Chow Sang Sang Holdings International FY Revenue From Cont Ops HKD 21,176 Million
