HK Stock Market Move | TAM JAI INTL(02217) falls by nearly 3%, with a 55.8% year-on-year decline in mid-term net profit, and dividends reduced to 1.35 HK cents.

TAM JAI INTL (02217) fell nearly 3%, as of the time of publication, it fell by 2.63%, closing at 0.74 Hong Kong dollars, with a turnover of 1.5101 million Hong Kong dollars. In terms of news, TAM JAI INTL released its interim performance for the six months ended September 30, 2024, with a group income of 1.404 billion Hong Kong dollars, a year-on-year increase of 1.2%; a net profit of 36.068 million Hong Kong dollars, a year-on-year decrease of 55.8%; and basic earnings per share of 2.7 Hong Kong cents. The interim dividend is 1.35 Hong Kong cents, compared to 3 Hong Kong cents in the same period last year. In addition, the company announced at noon today that for the six months ended September 30, 2024, it achieved an income of 1.404 billion Hong Kong dollars, an increase of 1.23% year-on-year; and a post-tax surplus of 36 million Hong Kong dollars, a decrease of 56.1% year-on-year.