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heng hup (01891): Lim Yong Hwa resigns as the Group Chief Financial Officer.
heng hup (01891) announced that due to the personal career development of Mr. Lim Yong Hwa...
Express News | Heng Hup Holdings Ltd - Lim Yong Hwa Tendered His Resignation as Group Chief Financial Officer
Heng Hup released its interim results and shareholders' attributable surplus increased by 11.456 million MYR, a year-on-year increase of 367.21%.
Heng Hup Holdings (01891) released unaudited interim results for the six months ended June 30, 2024. The group achieved revenue of 0.865 billion Malaysian Ringgit, a year-on-year increase of 50.52%; The net profit attributable to shareholders was 11.456 million Malaysian Ringgit, a year-on-year increase of 367.21%; Basic earnings per share were 1.15 Malaysian cents. The announcement stated that the significant increase in revenue was mainly due to the increase in sales of black scrap metal. In the first half of 2024, sales of black scrap metal reached 0.4716 million metric tons, an increase of approximately 52.7% compared to the first half of 2023. However, in the first half of 2024, black
Heng Hup Holdings Reports Soaring Profits
Heng Hup Holdings (01891.HK) had a net profit of 11.5 million Malaysian Ringgit in the first half, a YoY increase of 367.2%.
Heng Hup (01891.HK) announced on August 26th that its income for the 6 months ending June 30th, 2024 was 0.865 billion Malaysian Ringgit, an increase of 50.5% year-on-year. The net profit attributable to shareholders of the company was 11.5 million Malaysian Ringgit, an increase of 367.2% year-on-year. The board of directors did not declare any dividends for the 6 months ending June 30th, 2024 (none for the 6 months ending June 30th, 2023). The significant increase in income was mainly due to the increase in sales volume of black scrap metal. In the first half of 2024, sales volume of black scrap metal reached 471,580 metric tons, compared to the first half of 2023.
HENG HUP: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024
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