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Impressive Earnings May Not Tell The Whole Story For MS Group Holdings (HKG:1451)
ms group hldgs (01451) will distribute an interim dividend of 0.03 Hong Kong dollars per share on October 4th.
Ms Group Hldgs (01451) announced that it will distribute dividends on October 4, 2024, for the period ending June 2024...
ms group hldgs (01451.HK) realized a net profit of approximately 19 million Hong Kong dollars in the middle term.
On August 22nd, Glonhui announced that as of June 30, 2024, the company's OEM business generated revenue of approximately HKD 176.7 million, an increase of approximately 65.6% compared to the same period in 2023, when it was about HKD 106.7 million. The improvement in sales performance of the OEM business is mainly due to an increase in orders from existing customers, especially for the production of stainless steel sports bottles. During this period, the company recorded a net profit of approximately HKD 19.0 million, an increase of approximately HKD 9.9 million compared to the same period last year. The increase in net profit is mainly due to the aforementioned OEM business.
MS GROUP HLDGS: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
ms group hldgs (01451.HK) plans to hold a board of directors meeting on August 22 to approve the mid-term performance.
Ms Group Hldgs (01451.HK) announced on August 12 that a board of directors meeting will be held on Thursday, August 22, 2024 to consider and approve the mid-term performance of the company and its subsidiaries for the six months ending June 30, 2024, and to consider the distribution of interim dividends (if any).
MS Group Holdings Expects Higher Profit in H1 2024
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