Comprehensive Revamp Yields Remarkable Results! China LiLang Achieves “Dual Growth” in Revenue and Profit in H1

Aug 17, 2023

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 …