Fairwood Holdings (HK:0052) has released an update.
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Fairwood Holdings reported a slight 0.3% dip in revenue to HK$1,553.5 million for the six months ending September 2024, with profits attributable to shareholders dropping to HK$15.5 million from HK$36.3 million the previous year. Despite the decline, the company remains financially robust, boasting HK$595.8 million in cash reserves and no bank borrowings. The Board declared an interim dividend of HK5.0 cents per share, highlighting their commitment to returning value to shareholders.
For further insights into HK:0052 stock, check out TipRanks’ Stock Analysis page.
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