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VEDAN INT'L: INTERIM REPORT 2024
CITIC Securities: How to look ahead to the future of the csi sws food & beverage index and alcoholic beverages sector as more than half of the interim report period has passed?
Citic Sec released a research report stating that in Q2, the light meal chain industry continued the trend of weak demand, with pressure on store efficiency and expansion.
VEDAN INT'L To Go Ex-Dividend On September 12th, 2024 With 0.02119 HKD Dividend Per Share
August 21st (Beijing Time) - $VEDAN INT'L(02317.HK)$ is trading ex-dividend on September 12th, 2024.Shareholders of record on September 13th, 2024 will receive 0.02119 HKD dividend per share on
Vedan International Swings to Profit in H1
Vedan Int'l (02317.HK) recorded a net profit of $8.33 million in the first half, turning from loss to profit. Dividend payout was $0.273 per share.
Vedan Int'l (02317.HK) announced its interim results for the six months ended in June, with revenues of 0.185 billion US dollars, a 2% year-on-year decrease; gross profit of 32.9 million US dollars, an increase of 46.5%. Net profit recorded 8.33 million US dollars, compared to a loss of 1.47 million US dollars in the same period last year, turning from loss to profit; earnings per share are 0.55 US cents. Interim dividend is 0.273 US cents.
Vedan Int'l (02317.HK) has turned its interim loss into a profit with a total of 8.331 million US dollars.
Vedan International (02317.HK) announced that its half-year performance ended on June 30, 2024, with revenue of $0.185 billion, a 2.0% decrease year-on-year. The company's net profit attributable to owners was $8.331 million, compared to a loss of $1.468 million in the same period last year, turning losses into profits. Basic earnings per share were 0.55 cents. The company plans to distribute an interim dividend of 0.273 cents per share. The decline in revenue is mainly due to the slowdown in market conditions and demand in various markets. Among the group's main products, the sales prices and revenue of the monosodium glutamate products have declined due to the slowing of consumer market demand and increased competition, while energy costs have
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