04:52 PM EDT, 08/08/2024 (MT Newswires) -- Jamieson Wellness ( JWLLF ) Thursday on Thursday said its adjusted second-quarter profit rose by 7.4% as revenue climbed on higher sales in China.

The supplements manufacturer said its adjusted profit, excluding most one-time items, rose to $14.65 million, or $0.35 per share, in the period, up from $13.06 million in the year-prior quarter. It did not provide per share adjusted earning for the prior-year quarter.

Revenue rose 10% to $184.81 million from $167.58 million.

"We are pleased to announce consolidated revenue of $185 million in the second quarter, with branded revenue growth of over 17%. We drove growth across all branded business units in the quarter, with China at over 107%. Our accelerated investments in the world's second-largest VMS market are showing strong returns, led by a highly successful consumer promotional window in June, product innovation, and new distribution," chief executive Mike Pilato said in a release.

Jamieson's board authorized a $0.02, or 11%, increase in the quarterly dividend, to $0.21 per share, with the higher payout coming Sept.13 to shareholders of record on Aug.30

The company is maintaining its outlook for Fiscal 2024 and 2025.

Jamieson shares closed up $0.09 to $32.34 on the Toronto Stock Exchange.