Karrie Int'l (01050) rose over 8% at the close, up 4.29% at HKD 0.73 with a turnover of HKD 2.8242 million.
According to the WiseNews app, Karrie Int'l (01050) rose more than 8% at the close, up 4.29% at HKD 0.73 with a turnover of HKD 2.8242 million.
In terms of news, Karrie Int'l announced its annual results as of the end of March this year; the group achieved revenue of HKD 2.916 billion, a decrease of 5% year-on-year; net profit attributable to equity holders of the company amounted to HKD 170 million, a decrease of 56.1% year-on-year; earnings per share were HKD 0.084, with a proposed final dividend of HKD 0.04 per share, compared to the HKD 0.015 declared for the same period last year.
He Weihan, Assistant Chairman and Head of Finance Department of Karrie Int'l, said that although the company faced challenges such as high raw material prices, uncompleted consumption of historical raw materials, and upward cycles of interest rates, the company's order volume has rebounded since October last year due to the fact that enterprise clients need to replace servers every 2 to 3 years and the global AI boom has driven demand for servers. He revealed that Karrie Int'l's order performance in the first half of this year was strong, and its factories have become very busy in recent months. The company is actively responding to the situation.