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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.
King Fook Hold will distribute a final dividend of HKD 0.026 per share on October 4.
King Fook Hold (00280) announced that it will distribute a final dividend of HKD 0.026 per share on October 4th, 2024.
King Fook Hold (00280.HK) had a total annual revenue of HKD 776 million, a year-on-year decrease of 13.3%.
On June 17th, Gelunhui reported that King Fook Holdings (00280.HK) recorded a total income of 77.56 million Hong Kong dollars for the fiscal year ending on March 31, 2024, a decrease of 119.1 million Hong Kong dollars or 13.3% compared to the previous year's 89.47 million Hong Kong dollars. The group's comprehensive surplus attributable to owners of the company for the fiscal year ending on March 31, 2024 reached 8.52 million Hong Kong dollars, an increase of 7.2% compared to the previous year's 7.95 million Hong Kong dollars, mainly due to the increase in product gross margin and interest income.
Express News | King Fook Holdings FY Net Income HKD 85.2 Million
Express News | King Fook - Recommended a Final Dividend of HK2.6 Cents per Share
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