Cheerwin's Profit Rises in 2024

MT Newswires Live2025-03-26

Cheerwin Group (HKG:6601) recorded a rise in attributable profit for the year 2024 to 203.4 million yuan from 175 million yuan a year prior, a Tuesday filing with the Hong Kong bourse said.

Earnings per share were 0.1525 yuan in the year, up from 0.1313 yuan in 2023.

Revenue rose by 13% to 1.82 billion yuan in the period from 1.62 billion yuan a year prior, mainly due to the firm grasping market opportunities and actively promoting the rapid development of its sales channels and product innovation.

The coal producer and operator declared a final dividend of 0.0682 yuan per share for the year, on or around July 8 to shareholders of record on June 26.

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