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CHEN HSONG HOLD: ANNUAL REPORT 2023/24
Chen Zhisi will resign as an independent non-executive director of Chen Hsong Holdings (00057.HK).
On June 25th, Gelunhui reported that Mr. Chen Zhisi, an independent non-executive director of Chen Hsong Holdings (00057.HK), will retire in rotation at the shareholder's annual meeting in accordance with the company's rules. Mr. Chen has informed the company that he will not seek reelection at the shareholder's annual meeting. Therefore, he will retire as an independent non-executive director and will no longer serve as the chairman of the company's remuneration committee, as well as a member of the company's audit committee, nomination committee, and corporate governance committee, effective after the end of the shareholder's annual meeting.
Chen Hsong Holdings (00057): Anish LALVANI appointed as the Chairman of the Remuneration Committee.
Chen Hsong Hold (00057) announced that independent non-executive director Chen Zhisi will retire from the board of directors in accordance with the company's regulations upon the anniversary of the shareholders' meeting.
Chen Hsong Holdings (00057) will distribute a final dividend of HKD 0.05 per share on September 23.
Chen Hsong Holdings (00057) announced that it will distribute dividends on September 23, 2024, ending on March 31, 2024...
Chen Hsong Holdings (00057) released its annual performance report with equity holders holding a surplus of 101 million Hong Kong dollars, a 22.59% decrease compared to the previous year.
Chen Hsong Holdings (00057) released its full-year performance for the fiscal year ending March 31, 2024. The group earned HKD 2.01 billion in revenue during the period, a decrease of 13.1% YoY. The net profit attributable to equity holders was HKD 101 million, a YoY decrease of 22.59%. The basic earnings per share were 16 Hong Kong cents, and the proposed final dividend was 5 Hong Kong cents per share. The announcement stated that weak internal consumption and excess capacity in mainland China are extremely unfavorable for manufacturing investment in increasing capacity, ultimately resulting in a 13% decrease in the group's performance in the mainland Chinese market to HKD 1.45 billion (2023).
Express News | Chen Hsong Holdings Ltd - Final Dividend of HK5.0 Cents per Ordinary Share
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