IBI GROUP HLDGS (01547.HK) announced on June 27 that for the full year ending March 31, 2024, the total revenue, income and other gains/(losses) and gains were HKD 527 million, a year-on-year increase of 70.9%; the company owners' share of the net profit for the year was HKD 350,000, a year-on-year decrease of 87.5%; the basic and diluted earnings per share were 0.0 HK cents, and the board of directors recommended a final dividend of 0.5 HK cents per share for the year ending March 31, 2024.
The group provides world-class interior decoration and building renovation services in Hong Kong and Macau through its contracting subsidiaries. While serving as the general contractor, the group contracted and completed multiple projects for clients in various industries, including but not limited to banks, law firms, hotels and real estate development. The group's competitive advantages have led to its success in the construction industry and distinguished it from its competitors. The company believes that its competitive advantages focus on three main specific business areas: 1. good reputation and glorious record; 2. professional knowledge and expertise in implementation, management and execution; and 3. commitment to risk management, cash flow and financial security.