23 Aug 2024 CMB International Global Markets | Equity Research | Company Update Onewo (2602 HK) 1H24 missed, raised div. payout again to 100% of core net profit Onewo's 1H24 earnings missed market expectation, but the company raised dividend payout ratio from 30% to 100% of core net profit (55% interim div + 45% special div.), representing a div yield of 9.1% based on the closing price on 22 Aug assuming no special dividend payout in the full year. 1H24 revenue was up 9.6% YoY, gross margin (GPM) contracted ...