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Fu Shek Fin (02263) released its annual performance, with shareholders' attributable net profit of HKD 3.568 million, a year-on-year decrease of 70.28%.
Fu Shek Fin (02263) released its annual results for the year ending March 31, 2024, achieving revenue of HKD 45.148 million, an increase of 22.23% year-on-year. The company's profit for the year was HKD 3.568 million, a decrease of 70.28% year-on-year, with an earnings per share of 0.36 HK cents. Looking back at the year, the company's owners' net profit decreased by 70.3% to about HKD 3.6 million, mainly due to a decrease in interest income from margin financing services and an increase in impairment losses on accounts receivable under the expected credit loss model for securities trading business. At the same time, this was offset by increased bank interest received compared to last year.
Express News | Fu Shek Financial Holdings FY Revenue HKD 45.1 Million
FU SHEK FIN: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2024
Fu Shek Financial Forecasts Drop in Fiscal 2024 Profit
Fu Shek Financial Holdings (HKG:2263) expects a net profit of up to HK$3.6 million for the year ended March 31, down from HK$12 million a year prior, a June 21 filing on the Hong Kong bourse said. The
Fu Shek Fin (02263) issued a profit warning, expecting annual net profit to decrease by no more than 3.6 million Hong Kong dollars year-on-year.
Fu Shek Fin (02263) announced that the group expects the net profit for the year ending March 31, 2024 will not exceed...
Express News | Fu Shek Financial Holdings - Expected Result Due to Increase in Impairment Loss During Year, Among Others
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