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TSUI WAH HLDG: ANNUAL REPORT 2024
Low stock price group buying, out of control.
The retreat of the dining industry.
Tsui Wah Holdings Limited's (HKG:1314) 31% Price Boost Is Out Of Tune With Earnings
Tsui Wah Holdings (01314) will distribute an interim dividend of HKD 0.025 per share on July 31st.
Zhitong Finance App News, Tsui Wah Hldg (01314) announced that the company will distribute a mid-term dividend of HKD 0.025 per share on July 31, 2024.
Tsui Wah Holdings' Profit Drops 36% in Fiscal 2024; Shares Up 3%
Tsui Wah Holdings (01314) announced its annual results with a net profit attributable to equity shareholders of HKD 39.087 million, a decrease of 35.5% compared to the previous year.
Chui Wah Hldg (01314) announced its full-year results for the year ended March 31, 2024, with revenue of approximately HKD 954 million, up 12.8% year-on-year. The company's equity shareholders recorded a surplus of HKD 39.087 million, down 35.5% year-on-year, and basic earnings per share were 2.86 HK cents. The second interim dividend of 2.5 HK cents per share will be proposed. The notice stated that the increase in revenue was mainly due to the recovery of its business in Hong Kong and China from the negative impact of COVID-19. The decrease in surplus was mainly due to the group's sale of certain properties in Hong Kong in the fiscal year 2023.
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