KINGBOARD HLDG earned 21% less last year and declared a special dividend of 1 yuan
KINGBOARD HLDG announced its annual results for the year ending 2024, with a profit attributable to shareholders of HKD 1.63 billion, a year-on-year decrease of 20.97%. Earnings per share are HKD 1.471, with a final dividend of HKD 0.54 and a special final dividend of HKD 0.46, totaling HKD 1.00. Revenue reached HKD 43.093 billion, an increase of 8.51% year-on-year. Management expects that the geopolitical situation will remain tense in 2025, posing greater challenges for business operations. The group will strengthen cash flow and expenditure management, focus on R&D upgrades and environmental improvements, and promote high-quality sustainable development
KINGBOARD HLDG ( 00148) announced its annual results for the year ending 2024, with a profit attributable to shareholders of HKD 1.63 billion, a year-on-year decrease of 20.97%, earnings per share of HKD 1.471, and a final dividend of HKD 0.54 and a special final dividend of HKD 0.46, totaling HKD 1.00.
During the period, revenue was HKD 43.093 billion, an increase of 8.51% year-on-year.
Entering 2025, management believes that the geopolitical situation will remain tense, and the performance of various global industries will fluctuate under the shadow of protectionism and trade wars, posing greater challenges to business operations. In this uncertain business environment, the group will continue to strengthen cash flow and expenditure management. The group will implement the competitive advantages of diversified business synergy and vertical production models, focus on strict cost control, enhance technological drive, actively utilize big data management to improve management efficiency, and continue to emphasize R&D upgrades, safety production, and environmental protection improvements, promoting new quality productivity to achieve high-quality sustainable development.
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