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<Results>LUK FOOK HOLD (00590.HK) Annual NP Lifts 37.6% YoY to $1.77B; Final DPS HK64 Cents
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LUK FOOK HOLD (00590.HK) announced its annual results for the year ended March this year. Net profit hiked 37.6% YoY to $1.767 billion, the second highest in its history, with an EPS of $3.01. A final dividend of HK64 cents was declared, compared to HK55 cents in the same period last year. Together with the interim dividend of HK72 cents, a total dividend of $1.41 per share will be paid for the year. Total revenue for the year was $15.326 billion, representing a YoY increase of 28%. The group explained that the revival of retail business in Hong Kong and Macau was the main growth driver during the period, fuelled by the low base effect and the full reopening between Hong Kong/Macau and the Mainland. Retail revenue for the year surged by 45.3% to $12.75 billion, accounting for 83.2% of the group's total revenue, mainly driven by sales of gold products. AAStocks Financial News |
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