HK Stock Market Move | EGL HOLDINGS (06882) rose more than 13%. The board of directors is considering declaring a special dividend. The company's net profit in the first half of last year increased by 60%.

EGL HOLDINGS (06882) surged more than 13%, rising 13.33% to HK$0.68 at the time of writing, with a trading volume of HK$2.481 million. On the news front, EGL HOLDINGS announced yesterday that the board of directors is considering declaring and paying a special dividend to its shareholders. If the board decides to proceed, the dividend declaration will be adopted by the board on or around the 20th of this month. The announcement stated that if the relevant board resolution is passed, EGL HOLDINGS will issue a separate announcement on the details of the special dividend in accordance with listing rules. In the first half of 2024, the company achieved revenue of approximately HK$759 million, a year-on-year increase of 40.6%; gross profit of approximately HK$180 million, a year-on-year increase of 31.7%; and net profit attributable to owners of the company of HK$34.12 million, a year-on-year increase of 64.9%; with earnings per share of 6.79 HK cents.