May 29, 2023

Hong Kong Dividend Stocks

Tag: Industrial Goods

HKG:1899 XingDa Int’l
10 Highest Yield, Challenger, Dividend Growth

HKG:1899 XingDa Int’l

HKG:1899 XingDa Int’l Xingda International Holdings Limited (1899.HK) is an investment holding company principally engaged in the manufacture and trading of radial tire cords, bead wires and other wires. The radial tire cords are used for trucks and passenger cars. The Company operates its business mainly in China, India, Korea, United States of America and Germany. The Company’s subsidiaries include Jiangsu Xingda, Shanghai Xingda and Xingda International (Shanghai). Through its subsidiaries, the Company is also engaged in commercial property investments.

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HKG:0868 XinYi Glass
2023 dividend cut, Challenger, Ex-Dividend

HKG:0868 XinYi Glass

HKG:0868 XinYi Glass Interim results for 2022 are not positive. The mid-year dividends were cut by almost 40%. Net profit took a huge hit and decreased 40%. If we look at interim Profit&Loss statement, you’ll see the Cost of Sales increased with 33% compared to the same period last year.

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