Lee & Man Chemical H1 Profit Jumps 36%; Shares Rise 9%
MT Newswires Live
Aug 07
Lee & Man Chemical (HKG:0746) reported a profit of HK$326.6 million for the six months ended June 30, up 36% from HK$240.1 million a year earlier, according to a Thursday Hong Kong bourse filing.
Earnings per share rose to HK$0.395 from HK$0.291 a year ago.
Revenue fell slightly to HK$1.93 billion, compared with HK$1.99 billion in the prior-year period.
The board declared an interim dividend of HK$0.195 per share, up from HK$0.14 a year earlier.
Shares of the chemical manufacturer gained over 9% in recent trade.
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