Zhou Hei Ya International's Profit Plunges 68% in H1

MT Newswires Live08-27

Zhou Hei Ya International Holdings (HKG:1458) reported a 68% drop in attributable profit for the six months ended June 30 to 32.9 million yuan from 101.7 million yuan in the year-ago period, a Monday Hong Kong bourse filing said.

Earnings per share stood at 0.01 yuan during the interim period, down from 0.04 yuan in the first half of 2023.

Revenue for the meat products producer fell by 11% to 1.26 billion yuan in the first half from 1.42 billion yuan a year prior, mainly due to lower sales amid a decrease in demand.

Price (HKD): $1.49, Change: $-0.010, Percent Change: -0.67%

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