Summary by Moomoo AI
KYOTO PRECISION ELECTRIC CO., LTD. (THE “COMPANY”) ANNOUNCES ITS ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023. For the period, the Group's income increased marginally by 0.4% to HK$10,760,000,000, and profit before interest, tax, depreciation and amortisation (EBITDA) decreased by 8% to HK$771,000,000. Shareholders' profit fell 18% to HK$475,300,000. Basic earnings per share and diluted earnings per share were HK60.4 cents and HK60.2 cents, respectively. The final dividend was HK$19.0 cents per share, down from last year. Operating cash flow increased to HK$1,186,000,000. Cash and term deposit balance increased to HK$3,501,000,000. The Group's revenue growth was driven by increased sales of related products, mainly due to the new plant's increased TFT and touchscreen display module capacity. Shareholders are entitled to a reduction in...Show More