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Ten Pao Group (01979.HK): Investing approximately 40 million to 50 million yuan in a new factory in Vietnam, taking a conservative stance on next year's performance.
Ten pao group (01979.HK) Chairman and CEO Hong Guangyi stated in an interview with this website that their second new factory in Vietnam officially opened recently, mainly producing electric tools asia vets controllers, covering an area of approximately 5,500 square meters. Hong Guangyi revealed that Ten pao group has invested about 40 to 50 million Hong Kong dollars in the aforementioned new factory in Vietnam, expecting the combined production capacity of the two local factories to account for 10% to 30% of the group's total capacity. Hong Guangyi mentioned that the group has transferred some management personnel and technical experts from the Huizhou factory to Vietnam. As for the smart production system used in Huizhou, it will only be implemented after the technology becomes more mature.
Ten Pao Group (01979.HK) opened its second factory in Vietnam.
Ten Pao Group (01979.HK) announced that its second factory in Vietnam has officially opened, producing asia vets controllers for power tools, with an area of 5,500 square meters, expected to increase the group's output. The first Vietnam factory of Ten Pao Group started operation in early 2021, mainly producing asia vets chargers for power tools and automobiles electronic products, with a total area of 17,323 square meters. Together with the second Vietnam factory, there are a total of 25 production lines.
TEN PAO GROUP: 2024 INTERIM REPORT
In the performance, ten pao group (01979.HK) reported a half-year net profit of 0.176 billion yuan, an increase of 28.6%, and a dividend of 5.2 cents.
Ten Pao Group (01979.HK) announced its interim performance for the six months ending in June, with earnings of 2.471 billion yuan, a year-on-year increase of 5.6%. Net profit reached 0.176 billion yuan, a growth of 28.6%, with earnings per share of 17 cents. The interim dividend is 5.2 cents, compared to 2.8 cents in the same period last year.
TEN PAO GROUP To Go Ex-Dividend On October 4th, 2024 With 0.052 HKD Dividend Per Share
August 24th (Beijing Time) - $TEN PAO GROUP(01979.HK)$ is trading ex-dividend on October 4th, 2024.Shareholders of record on October 7th, 2024 will receive 0.052 HKD dividend per share on October 25
ten pao group (01979) will distribute an interim dividend of $0.052 per share on October 25.
Ten Pao Group (01979) announced that the company will distribute an interim dividend of HKD 0 per share on October 25, 2024...
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