According to a Friday filing with the Hong Kong Exchange, Man Wah Holdings (HKG:1999) recorded a profit attributable to owners of nearly HK$1.14 billion for the six months ended Sept. 30, almost flat year over year, according to a Hong Kong bourse filing on Friday.
Earnings per share in the first half of fiscal 2025 stood at HK$0.2937 for the reporting period, compared with HK$0.2904 recorded for the year-ago period.
The furniture manufacturer and seller's revenue for the six months under review was HK$8.31 billion, 7.1% lower than HK$8.94 billion booked a year ago.
The board recommended an interim dividend of HK$0.15 per share for the reporting period, the same as last year. The dividend will be paid on Jan. 8, 2025, to the shareholders on record as of Dec. 13, 2024.
The company's shares were down nearly 2% in recent trade.