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Perennial Energy’s Profits Soar, No Dividend Declared

Perennial Energy’s Profits Soar, No Dividend Declared

Perennial Energy Holdings Ltd. (HK:2798) has released an update.

Perennial Energy Holdings Ltd. has reported a significant growth for the first half of 2024, with a 34.1% increase in revenue and a 70.8% jump in profit compared to the same period last year. The company’s gross profit margin also improved by 6.5 percentage points year-on-year. Despite these strong financial results, the Board has decided not to issue an interim dividend.

For further insights into HK:2798 stock, check out TipRanks’ Stock Analysis page.

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