01705 B & S INTL HLDG
- 0.390
- 0.0000.00%
B & S INTL HLDG News
B & S International Holdings' (HKG:1705) Solid Earnings Are Supported By Other Strong Factors
B & S International Posts Higher Profit, Revenue in Fiscal 2024
B & S INTL HLDG: ANNUAL REPORT 2024
Soochow Securities: The food and beverage sector is in a stage of low-to-medium-speed transformation, and the rebound of the sector is waiting for the clearance of the business performance risk of listed companies or the reversal of demand expectations.
The current valuation of the food and beverage sector is relatively low, primarily due to concerns about future cash flow and profit downgrades. Short-term market pessimism has had an impact on the sector, and the sector's rebound is awaiting clarification of listed company performance risks, or a reversal of demand expectations, the latter depending on proactive fiscal and monetary policies at the macro level or verification of seasonal sales at the middle level.
Market Might Still Lack Some Conviction On B & S International Holdings Ltd. (HKG:1705) Even After 33% Share Price Boost
B & S Intl Hldg (01705) will distribute a final dividend of HKD 0.03 per share on October 9.
B&S Intl Hldg (01705) announced that it will distribute a final dividend of HKD 0.03 per share for the year ending March 31, 2024, which will be paid on October 9, 2024.
B & S International Holdings (01705) announced its annual performance with a net profit of HKD 34.9 million, an increase of 20.3% year-on-year.
B & S Intl Hldg (01705) has released its annual performance as of March 31, 2024, with revenue of HKD 521 million, a year-on-year increase of 7%; net profit of HKD 34.9 million, a year-on-year increase of 20.3%; basic earnings per share of 8.4 Hong Kong cents; proposed final dividend of HKD 0.03 per share for the 2024 fiscal year. The group achieved a net profit of approximately HKD 34.9 million in the 2024 fiscal year. Excluding the salary subsidy of approximately HKD 9.8 million received from the Hong Kong government in the 2023 fiscal year, the actual net profit of the group increased by approximately HKD 15.7 million compared with the 2023 fiscal year.
Express News | B & S International Holdings FY Revenue HKD 520.8 Million
Express News | B & S International Holdings FY Net Income HKD 34.9 Million
Express News | B & S International Holdings FY Gross Margin 23.4%
B & S INTL HLDG: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 MARCH 2024
B & S International's Profit Forecast to Rise in Fiscal Year 2024; Shares Up 27%
B & S Intl Hldg (01705.HK) Announcement: Expected annual profit of HKD 33-34 million.
On June 14, Grong Hui reported that B & S Intl Hldg (01705.HK) expects to record a profit attributable to owners of the company of HKD 33.0 million to HKD 34.0 million for the year ending March 312024, compared with about HKD 27.8 million in the previous year, which includes a subsidy of about HKD 9.8 million for the 2022 Employment Protection Plan introduced by the Hong Kong government. The sharp increase in profit is mainly due to (i) the launch of new products and the increase in sales of existing products, which has improved the group's revenue and gross profit from distribution business this year; and (ii) the impact of COVID-19 pandemic on the market was not as severe as previously expected.
Express News | B & S International Holdings - Expected Result Due to Improved Revenue and Gross Profit From Distribution Business of Group in Year
Express News | B & S International Sees Profit Attributable in Range of HK$33.0 Mln to HK$34.0 Mln for Year
B & S INTL HLDG: POSITIVE PROFIT ALERT
B & S Intl Hldg (01705.HK) plans to hold a board of directors meeting on June 27 to approve the annual performance at the end of the year.
B & S Intl Hldg (01705.HK) announced on June 7th that the company will hold a board of directors meeting on Thursday, June 27th, 2024 to consider and approve the group's year-end performance as of March 31, 2024, and to propose end-of-year dividends (if any).
SDIC Securities: The food and beverage industry is resilient and clearly actively recommends companies with changing competitiveness during the off-peak season
China Investment Securities believes that sector valuations are still at the bottom, excellent companies can still have excess profits, and continue to recommend the sector.
We Think B & S International Holdings' (HKG:1705) Profit Is Only A Baseline For What They Can Achieve
B & S INTL HLDG: INTERIM REPORT 2023/2024
Analysis
Price Target
No Data
