Gelonghui, May 16, 丨 Dechang Electric Holdings (00179.HK) announced that for the fiscal year ending March 31, 2024, the company's total turnover was 3,814 million US dollars, up 5% from last year. Gross profit was $851 million, up 19%. Net profit attributable to shareholders was $229 million, up 45% from last year. Recommended final dividend of HK44 cents per share. Together with the interim dividends already paid, the total dividend declared for the full year of last year was increased by 20%.
As of March 31, 2024, cash reserves were $810 million, and the year-end total debt to capital ratio was 18%.