Sino Hotels' Fiscal H1 Profit Swells

MT Newswires Live
26 Feb

Sino Hotels (HKG:1221) recorded a rise in attributable profit in the six months ended Dec. 31, 2024, to HK$43.5 million from HK$28.8 million in the year-ago period, a Wednesday filing with the Hong Kong bourse stated.

Basic earnings per share were HK$0.0376 in the fiscal first half, up from HK$0.0252 in the corresponding period of the last fiscal year.

Revenue fell to HK$61.3 million in the interim period from HK$65.8 million a year prior.

The hotel operator has declared an interim dividend of HK$0.015 per share, payable April 23 to shareholders of record on March 17.

Price (HKD): $1.40, Change: $+0.070, Percent Change: +5.26%

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