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Texhong International Group's (HKG:2678) Strong Earnings Are Of Good Quality
TEXHONG INTL GP: ANNUAL REPORT 2024
Hong Kong stocks movement | TEXHONG INTL GP (02678) rose over 8% during trading. The company laid out its Global strategy in earlier years and will continue to strictly control capital expenditures this year.
TEXHONG INTL GP (02678) rose over 8% during the trading session, and as of the time of writing, it has increased by 6.78%, priced at 3.62 Hong Kong dollars, with a transaction amount of 15.8149 million Hong Kong dollars.
China National Textile and Apparel Council: Textile and apparel exports increased by 12.9% year-on-year in March, recovering growth year-on-year in the first quarter.
In the first quarter, the cumulative export of textiles and Outfits was 66.28 billion USD, a year-on-year increase of 1%, turning from negative to positive.
TEXHONG INTL GP: CLARIFICATION ANNOUNCEMENTANNUAL RESULTS ANNOUNCEMENT FOR THE YEARENDED 31 DECEMBER 2024
TEXHONG INTL GP (02678.HK) will see its revenue rise by 1.3% to 23 billion yuan in 2024.
On March 27, Gelonghui reported that TEXHONG INTL GP (02678.HK) announced its full-year results for the year ending December 31, 2024, with revenue increasing by 1.3% to 23 billion yuan; the profit attributable to shareholders was 0.5535 billion yuan; basic earnings per share were 0.60 yuan; the Board of Directors announced a final dividend of 10 Hong Kong cents per share. The group will also continue to advance with the times, investing in technical renovations to enhance production efficiency and product quality, and actively promote the development of modern Intelligent Manufacturing. Innovation in management models will be another focus of the group’s work, and the company will optimize management processes to improve.
Is It Too Late To Consider Buying Texhong International Group Limited (HKG:2678)?
