Chervon's Profit Slides in 2025; Dividend Declared

MT Newswires Live

03/25

Chervon (HKG:2285) recorded a decline in attributable profit for the year 2025 to $97.6 million from $112.5 million a year prior, according to a Wednesday Hong Kong bourse filing.

The power tools maker's earnings per share stood at $0.19 in the year, down from $0.22 in the corresponding period of the last fiscal year.

Revenue slipped 8.2% to $1.63 billion from $1.77 billion in the year-ago period as customers adopted more prudent procurement strategies amid the China-U.S. tariff uncertainties.

The firm recommended a final dividend of $0.0573 per ordinary share for the year, payable on or before June 8 to shareholders of record on May 26, subject to shareholder approval.

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