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BEWG Reports Decreased Profits in H1 2024

BEWG Reports Decreased Profits in H1 2024

Beijing Enterprises Water Group (HK:0371) has released an update.

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Beijing Enterprises Water Group Limited reported a decrease in profit by 18% to RMB 1,122.1 million for the first half of 2024, compared to the same period last year. EBITDA also saw a slight decline of 1.5%, and the company proposed an interim dividend of HK7.0 cents per share, maintaining a dividend payout ratio of 60%.

For further insights into HK:0371 stock, check out TipRanks’ Stock Analysis page.

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