[Stock Movement] L & M CHEMICAL fell nearly 7% as last year's revenue declined
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L & M CHEMICAL's profit increased by over 20% last year, but revenue declined, and the stock price once fell by 6.9%, reaching a low of HKD 3.91. The group announced a profit of HKD 482 million for the year ending December last year, an increase of 20.37% year-on-year; total revenue was HKD 3.951 billion, a year-on-year decrease of 2.46%. The basic earnings per share were HKD 0.585, with a final dividend of HKD 0.15, and the total dividend for last year was HKD 0.29, an increase of 52.63%
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Source: HongKong Economic Journal The copyright of this article belongs to the original author/organization.
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