Kuangshi Fragrance (01925) released its performance for the six months ended June 30, 2024. The group generated revenue during this period...
According to the announcement, Kuangshi Fragrance (01925) released its performance for the six months ended June 30, 2024. The group achieved revenue of 0.334 billion yuan (RMB) during this period, an increase of 10.64% compared to the same period last year. Shareholders' attributable net profit was 50.881 million yuan, an increase of 67.05% compared to the same period last year. Basic earnings per share were 12.6 cents. It is planned to distribute an interim dividend of HK$0.09 per share.
The announcement stated that the increase in revenue was mainly due to an increase in purchase orders from existing customers and an appreciation of the US dollar against the RMB, which led to an increase in sales revenue denominated in US dollars.