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PANASIALUM: Interim Report 2024
Aluminium Price: Last Week's Outperformer – Commerzbank
Performance: Panasialum (02078.HK) reported a net profit of 5.9 million yuan for the first half of the year, an 11-fold increase.
Panasialum (02078.HK) announced its interim performance for the six months ending in June, with earnings of 0.434 billion yuan, a year-on-year decrease of 9.4%. It recorded a net profit of 5.9 million yuan, an increase of 11 times, with earnings per share of 0.49 cents. No interim dividends will be distributed.
PanAsialum Sees Profit Rise Amid Revenue Dip
The mid-term profit of panasialum (02078.HK) is 0.434 billion Hong Kong dollars, a year-on-year decrease of 9.4%.
Panasialum (02078.HK) announced on August 22 that for the six months ended June 30, 2024, the company's revenue was HK$433.9 million, a decrease of 9.4% year-on-year. During the period, gross profit was HK$74.6 million, an increase of 4.8% compared to the same period in 2023. The company's attributable net profit for the period was HK$5.9 million, compared to HK$0.5 million for the same period in 2023.
PANASIALUM: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 2024
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