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Sheung Yue Group Holdings Recorded Lower Profit in Fiscal 2024
Sheung Yue Group Holdings (HKG:1633) recorded a profit attributable to the owners of HK$4.3 million for the year ended March 31, 2024, as compared to the HK$10.8 million from the previous fiscal year,
SHEUNG YUE GP: Annual Report 2024
Sheung Yue Group (01633.HK) annual total revenue is about HKD 360 million, an increase of approximately 14.6% year-on-year.
On June 28, Gloria (01633.HK) announced that as of the end of the fiscal year ending March 31, 2024, the group had a total annual income of approximately HKD 360 million, an increase of approximately 14.6% from the previous year. The group recorded a net profit of approximately HKD 4.286 million for the year (approximately HKD 10.836 million in the previous year), with earnings per share of 0.63 Hong Kong cents. The increase in income is mainly due to the fact that the group undertook more foundation engineering projects this year. Despite facing challenges in the future, the directors believe that the Hong Kong government's long-term policy of large-scale government-led infrastructure projects will be conducive to the group's business needs, and the group is ready.
Express News | Sheung Yue Group Holdings FY Gross Margin 8.6%
SHEUNG YUE GP: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 MARCH 2024
Sheung Yue Group (01633.HK) held a board of directors meeting on June 28 to consider and approve the annual performance.
Sheung Yue GP (01633.HK) announced on June 13th that the board of directors will hold a meeting on Friday, June 28th, 2024 to discuss (including) the full-year performance of the company and its subsidiaries for the year ending March 31st, 2024, as well as consider and approve the release of the year's results, and consider recommending the distribution of final dividends (if any).
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