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Tai Hing Group Holdings Executive Chairman Acquires 4.7% More Stock
Tai Hing Group Announces Final Dividend for 2024
Tai Hing Group Reports Revenue Growth and Strong Cash Position Amid Economic Challenges
TAI HING GROUP (06811.HK): Revenue growth of 2.5% to 3.292 billion HKD in 2024, final dividend of 2.5 cents and special dividend of 7.5 cents.
On March 26, Glaucus announced that TAI HING GROUP (06811.HK) reported that for the fiscal year ending December 31, 2024, despite a weak economy in 2024, especially with local Consumer habits changing rapidly in the first half of the year, the group still recorded an overall revenue growth of 2.5% to approximately 3.292 billion Hong Kong dollars. The group continues to strictly control costs, with the annual profit attributable to Shareholders being 62.7 million Hong Kong dollars (2023: 93.8 million Hong Kong dollars). In the ongoing efforts to enhance income and reduce costs, the group's performance in the second half of this fiscal year has shown a rebound, recording a profit attributable to Shareholders of 52 million Hong Kong dollars, exceeding the performance of this year's start.
Express News | Tai Hing Group Holdings FY Gross Margin 73.9%
Express News | Tai Hing Group Holdings FY Revenue HKD 1,258.6 Million
