Best Pacific (02111) released its 6-month performance as of June 30, 2024, during which the group achieved...
Best Pacific (02111) released its interim results for the six months ended June 30, 2024, in which the group achieved revenue of HKD 2.385 billion, an increase of 25.11% year-on-year. Owners of the company accounted for a net profit of HKD 0.277 billion, a year-on-year increase of 100.1%. Basic earnings per share were 26.67 HK cents. The company plans to pay an interim dividend of 13.33 HK cents per share.
The announcement stated that due to the better utilization of production capacity and economies of scale in the first half of 2024, the group's overall gross profit increased from approximately HKD 0.401 billion for the six months ended June 30, 2023, to approximately HKD 0.645 billion for the six months ended June 30, 2024.