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Winson Holdings Hong Kong's (HKG:6812) Sluggish Earnings Might Be Just The Beginning Of Its Problems
WINSON HLDGS HK: ANNUAL REPORT 2024
Winson Holdings Hong Kong Fiscal Year 2024 Profit More Than Halves
Winson Hldgs HK will distribute a final dividend of HKD 0.00727 per share on September 16th.
Winson Holdings HK (06812) announced that it will pay a final dividend of HKD 0.00727 per share for the year ending on March 31, 2024, which will be distributed on September 16, 2024.
Winson Hldgs HK announces annual performance with a year-on-year decrease of 55.9% in attributable net profit to shareholders, which amounts to HKD 10.9 million.
Winson Holdings HK (06812) released the annual results ending on March 31, 2024. The group has earned a revenue of HKD 471 million, a 1.8% increase compared to the previous year. The net profit for the year is HKD 10.9 million, a year-on-year decrease of 55.9%. The basic earnings per share is 1.8 Hong Kong cents, and a final dividend of 0.727 Hong Kong cents per share is proposed.
Winson Holdings HK (06812.HK) is expected to see a total revenue of approximately 470 million Hong Kong dollars in the fiscal year 2024, a slight increase of about 1.8% year-on-year.
On June 19, Glorious Property Holdings Hong Kong (06812.HK) announced that its total revenue in fiscal year 2024 is approximately HKD 470 million, a slight increase of about 1.8%. Net profit for the year was HKD 10.9 million, a year-on-year decrease of 55.9%. The board of directors has decided to recommend a final dividend of HKD 0.727 per share for the year ending March 31, 2024 (2013: HKD 1.650 per share). The increase in revenue is mainly due to the resumption of aviation dining support services and the group has successfully won three Hong Kong MTR cleaning contracts starting from February 2024. The total revenue of these contracts is more than about HKD 18 million per month.
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