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Pico Far East's Profit Up 90% in Fiscal H1
PICO FAR EAST: Interim Report 2024
Pico Far East Logs Higher Profit in Fiscal H1
PICO FAR EAST (00752.HK): The net profit for the middle term is HKD 192 million, a year-on-year increase of 90%. The interim dividend per share is 5.5 HK cents.
On June 28th, Guolonghui reported that PICO FAR EAST (00752.HK) achieved an income of 2.942 billion Hong Kong dollars, an increase of 18% year-on-year for the six months ended April 30, 2024; gross profit of 872 million Hong Kong dollars, same-period growth of 24.1%; the company's shareholders had a net profit of 192 million Hong Kong dollars, a year-on-year increase of 90%; basic earnings per share of 15.47 cents. The board of directors recommends paying a midterm dividend of 5.5 Hong Kong cents per share of common stock. The announcement stated that the group successfully met the economic challenges of the first half of this fiscal year as global inflation slowed and economic growth was maintained.
Express News | Pico Far East Holdings H1 Net Income HKD 198.8 Million
Express News | Pico Far East - Recommends Interim Dividend of HK5.5 Cents per Ordinary Share
Pico Far East Holdings Limited (HKG:752) Pays A HK$0.07 Dividend In Just Four Days
