Xiaocaiyuan International Post 9% Higher 2024 Profit; Shares Slide 2.5%

MT Newswires Live
03-27

Xiaocaiyuan International Holding (HKG:0999) reported a 9.1% increase in profit attributable to equity shareholders for 2024 to 580.6 million yuan from 532.1 million yuan a year earlier, according to a Wednesday filing with the Hong Kong bourse.

Earnings per share rose 5.7% to 0.56 yuan from 0.53 yuan a year ago.

Revenue increased 14.5% to 5.21 billion yuan from 4.55 billion yuan in the same period last year.

The board recommended a final dividend of 0.3187 yuan per share, which is expected to be paid on April 28.

The company's shares were down 2.5% in recent trading.

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