VEDAN INT'L (02317) announced its mid-term results, with profit attributable to shareholders reaching 8.888 million USD, an increase of 16.98% year-on-year.

VEDAN INT'L (02317) announced its interim results for the six months ending June 30, 2026. The group recorded revenues of $206 million, an increase of 11.57% year-on-year; profits attributable to the companys owners reached $8.888 million, marking a 16.98% increase; basic earnings per share were 0.58 cents, and an interim dividend of 0.526 cents per share is proposed. During this period, the overall gross profit margin slightly declined from 17.3% in the same period last year to 17.0%, due to intensified competition, changes in the international market, and geopolitical impacts. However, the gross profit amount increased by $3.119 million to $34.928 million owing to revenue growth. The net profit margin rose from 4.1% in the same period last year to 4.3%, with a net profit of $8.9 million, an increase of $1.29 million compared to the previous period.