Hengan International Interim Profit Down 8.66%, Revenue Down 6.07%, Dividend Steady at RMB0.7
Hengan International announced its interim results for the six months ended June 30. Profit attributable to shareholders was RMB1.254 billion, down 8.66% year on year. Basic earnings per share were RMB1.104, and the interim dividend was maintained at RMB0.7 per share.
During the period, revenue was RMB11.091 billion, down 6.07% year on year. Gross margin was 35.3%, down 3 percentage points from the same period last year.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is negative for Household Products, with intensity 30/100 and 70% confidence over a short term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.