Summary by Moomoo AI
Fairwood Holdings announced its annual performance for the fiscal year ended March 31, 2024, with a net profit of HK$50.7 million, an increase of 12.9% from the previous year. After deducting government subsidies, the net profit was HK$49.3 million, a significant increase from the same period last year. Income increased to HK$3.1369 billion, an increase of 3.7%. The group maintains a zero debt ratio and holds HK$0.641 billion in bank deposits and cash equivalents. Basic earnings per share were 39.10 Hong Kong cents, and a final dividend of 30.0 Hong Kong cents per share was proposed, with a total dividend payout of 41.0 Hong Kong cents per share for the year, with a dividend payout ratio of approximately 105%. The group's main business is operating fast food...Show More