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Express News | King Fook- Wong Wei Ping, Martin Executive Director Passed Away
King Fook Hold (00280.HK) signed a lease agreement with Danway Property.
King Fook Hold (00280.HK) announced that on August 6, 2024, the Group entered into two property leases and a lease agreement for the use of telephone equipment at the premises and the use of accessories, furniture and utensils on the third floor of King Fook Building with Danway Properties Limited (a wholly-owned subsidiary of the company's controlling shareholder Yang Zhicheng). These agreements constitute a connected transaction that does not require shareholder approval under Rule 14A.76(2)(a) of the Listing Rules.
KING FOOK HOLD: Annual Report for the Year Ended 31st March, 2024
King Fook Hold (00280.HK) appointed Kong Lingcheng as non-executive director.
King Fook Hold (00280.HK) announced on July 29th that the company has appointed Kong Lingcheng as a non-executive director, effective from July 29th, 2024.
Gold Climbs to Fresh Record High as Traders Price in Potential Rate Cuts
King Fook Hold released its annual performance report, with the shareholder's share of net profit increasing by 7.22% to HKD 85.205 million.
King Fook Holdings (00280) released the group's financial performance for the fiscal year ending on March 31, 2024. The group earned a revenue of HKD 776 million during the period, a decrease of 13.31% year-on-year. Shareholders' attributable profit was HKD 85.205 million, an increase of 7.22% year-on-year. Basic earnings per share were 9.37 Hong Kong cents. The final dividend proposed is 2.6 Hong Kong cents per share. The announcement stated that the growth in attributable profit was mainly due to the increase in gross margin of products and interest income.
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