Nongfu Spring Reports Flat Profit, Revenue For 2024

MT Newswires Live
03-26

Nongfu Spring (HKG:9633) logged an attributable profit of 12.1 billion yuan, staying nearly flat compared with 12.08 billion yuan in the year-ago period, according to a Tuesday filing with the Hong Kong bourse.

Earnings per share at the bottled water company increased 0.4% to 1.078 yuan from 1.074 yuan a year earlier. Analysts at Visible Alpha estimated EPS at 1.11 yuan.

Revenue rose 0.5% to 42.9 billion yuan from 42.7 billion yuan in the previous year. Visible Alpha analysts forecast revenue at 46.2 billion yuan.

The company declared a final dividend of 0.76 yuan per share, payable Aug. 27 to shareholders on record as of May 24.

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