Time Interconnect Technology's Profit Surges 34% in H1

MT Newswires Live08-29

Time Interconnect Technology (HKG:1729) recorded a profit attributable to owners of HK$202.6 million for the six months ended June 30, up 34% from HK$151.1 million a year ago.

Earnings per share stood at HK$0.1041, compared to HK$0.0777 in the year-ago period, according to a Wednesday filing with the Hong Kong Exchange.

The custom cable assemblies manufacturer's revenue for the first half was HK$2.67 billion, up from HK$2.63 billion a year earlier.

The board recommended an interim dividend of HK$0.01 per share, expected to be paid on or before Oct. 9, to the shareholders on record as of Sept. 12.

Price (HKD): $3.70, Change: $+0.030, Percent Change: +0.82%

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