Ming Fai Int'l (03828) announced its mid-term performance for 2024, with revenue increasing by 10.9% YoY to approximately 10.23...
According to the Ming Fai Int'l (03828)'s announcement of its mid-term performance for 2024, revenue increased by 10.9% YoY to approximately 1.0234 billion HKD, gross margin increased by 9.9% YoY to approximately 0.245 billion HKD, and the company's attributable net profit was approximately 53.273 million HKD, a YoY increase of 38.38%. Earnings per share were 7.4 HK cents, and the mid-term dividend per share was 3 HK cents.
Due to an increase in sales costs, the gross margin decreased by 0.3 percentage points to 23.9%, compared to 24.2% in the same period last year.