share_log

新兴印刷(01975.HK)中期收益减少55.6%至约1.53亿港元 中期息1港仙

Xinxing Printing (01975.HK)'s interim income decreased by 55.6% to approximately HK$153 million with an interim interest rate of HK$1 per cent

Gelonghui Finance ·  Feb 22 06:00

On February 22, Ge Longhui | Xinxing Printing (01975.HK) announced that for the six months ended December 31, 2023, the Group's revenue decreased by about 55.6% compared to the same period last year to about HK$152.7 million. The decline in revenue was due to the decline in printing revenue for packaging and paper gift sets. The main reason for the decline was that customers adopted a more conservative consumption model to reduce consumption in printed and promotional products due to concerns about the slowdown in global economic growth and high accounts, and also indirectly reduced the Group's receipt of sales orders from foreign and local customers. Basic earnings per share were HK1.18 cents, while basic earnings per share for the same period in 2022 were HK13.77 cents. The directors proposed to pay an interim dividend of HK$1 per share in cash.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment