On August 16th, China’s menswear brand listed in Hong Kong, LILANZ (China LiLang Limited, stock code: HK1234), announced its mid-year performance for 2023. Revenue increased by 6.7% to 1.491 billion Chinese Yuan, while net profit rose by 5.2% to 271 million Chinese Yuan, marking a comprehensive recovery in positive growth.
Simultaneously, the group maintained fiscal prudence during the period, with ample cash flow. The mid-term dividend per share was 13 Hong Kong cents, with an additional special mid-term dividend per share of 5 Hong Kong cents, maintaining a stable dividend dis …