Technological Industries (00669.HK) Interim Profit Attributable to Shareholders Decreases 17.7% to US$476 Million Interim Dividend Approximately US12.23 Cents
2023-08-09 17:54:02
Gelonghui August 9丨 Chuangke Industrial (00669.HK) announced that for the six months ended June 30, 2023, the company’s turnover was US$6.879 billion, a year-on-year decrease of 2.2%; the company’s shareholders’ share of profit was 476 million US dollars, a year-on-year decrease of 17.7%, and an interim dividend of approximately 12.23 US cents per share.
Flagship brand MILWAUKEE, the world’s number one professional power tool brand, outperformed the market, with sales growing by 8.7% in local currency. Inventory is $651 million lower than in the first half of 2022.
Record-breaking free cash flow of $301 million in the first half, an increase of $649 million from the first half of 2022. Gross profit margin recorded growth for the fifteenth consecutive first half of the year, reaching 39.3%, an increase of 22 basis points.
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2023-08-09 09:54:02
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