E. bon Holdings (00599) released its annual results for the year ended March 31, 2024, with revenue of HKD 460 million, an increase of 1.12% YoY; the company's owner earned a net profit of HKD 8.543 million, a decrease of 39.3% YoY; and the earnings per share were 1.19 HK cents.
The group's operating profit was HKD 14.5 million (2023: HKD 18.3 million), a decrease of 20.8% compared to last year. Administrative expenses and distribution costs increased by 0.3% to HKD 162 million (2023: HKD 162 million), reflecting our active control of sales expenses and cost control in personnel deployment and distribution while sales activity resumed.