Page Industries Reports Flat Q2 Profit, Declares Dividend

Page Industries, a company that makes clothes like Jockey and Speedo, had a similar amount of profit in the last three months as they did last year.

Their total sales, or revenue, went up a little bit.

The company also made the same amount of earnings before interest, taxes, and depreciation, but their profit margin slightly decreased.

Despite these mixed results, the company's directors decided to give shareholders a special payment called a dividend.

The managing director mentioned that the company is focusing on being efficient, saving costs, and improving their products.

He is hopeful that as people start buying more things again, the company will do even better in the upcoming months.

The company's stock price saw a small drop after the announcement.