Lee & Man Chemical Logs 20% Higher Profit in 2024

MT Newswires Live
06 Mar

Lee & Man Chemical (HKG:0746) reported a 20.4% increase in net profit to HK$482.3 million in 2024 from HK$400.7 in 2023, according to a Thursday filing with the Hong Kong bourse.

Earnings per share were HK$0.585, compared with HK$0.478 a year ago.

Revenue for the year came in at HK$3.95 billion, down from HK$4.05 billion in the prior year.

The company declared a final dividend of HK$0.15, which will be paid on June 3.

The chemical product manufacturers' shares were down 2% in recent trading.

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