Able Engineering Posts Strong Annual Profits

Able Engineering Holdings Ltd. (HK:1627) has released an update.

Able Engineering Holdings Limited reported a solid increase in their annual profits, with the year ended 31 March 2024 showing a net profit of HK$204,889,000, up from HK$174,068,000 the previous year. Despite a slight other comprehensive loss due to exchange rate fluctuations, the company achieved a total comprehensive income of HK$197,292,000. Basic and diluted earnings per share also rose to 10.24 HK cents from 8.70 HK cents a year earlier.

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