Hop Hing gains rise slightly

Edible-oil distributor and property investment firm Hop Hing Holdings has reported marginal profit growth of 2.97 per cent to $22.5 million in the six months to June 30 from $21.85 million in the first half of last year. This came as turnover increased 217.01 per cent to $765.93 million. Earnings per share rose to 5.5 cents, against 5.4 cents. The directors recommended an interim dividend of 1.3 cents a share, unchanged from last year.