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Hong Kong Johnson Holdings Co., Ltd. (HKG:1955) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely
JOHNSON HLDGS: Annual Report 2023/24
Johnson Hldgs (01955.HK): Lu Xuefang appointed as non-executive director.
Johnson Hldgs (01955.HK) announced on 15th July that Lu Xuefang has been appointed as a non-executive director and will take effect from 15th July 2024.
Johnson Hldgs (01955) will distribute a final dividend of HKD 0.0094 per share on October 10.
Johnson Holdings (01955) announced that it will distribute the accumulated profits for the period ended March 3, 2024 on October 10, 2024.
Johnson Hldgs (01955.HK) annual earnings were about $1.564 billion Hong Kong dollars, a decrease of 31.4% year-on-year.
Johnson Holdings (01955.HK) announced on June 27th that the group recorded revenue of approximately HKD 1,564.2 million for the financial year ending on March 31, 2024, a decrease of 31.4% from the previous year. The group's overall gross margin increased from about 5.5% to 6.4%. The annual surplus decreased from approximately HKD 30.6 million for the financial year ending on March 31, 2023 to approximately HKD 17.3 million for the financial year ending on March 31, 2024, a decrease of approximately HKD 13.3 million or 43.5%. The decrease in revenue and surplus was mainly due to (i) the failure to successfully renew several government cleaning contracts, which came from the government.
Express News | Hong Kong Johnson Holdings FY Revenue HKD 1,564.2 Million
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