B & S International Posts Strong Yearly Growth

B & S International Holdings Ltd. (HK:1705) has released an update.

B & S International Holdings Ltd. reported a solid financial performance with a 20.3% increase in net profit for FY2024, amounting to HK$34.9 million, up from HK$29.0 million the previous year. The growth was attributed to strong sales in both distribution and retail sectors, rising by 10.2% and 3.8% respectively, bolstered by effective cost control and strategic marketing. The company also announced a final dividend of HK3.0 cents per share, following an interim dividend of HK2.5 cents per share, reflecting confidence in their financial stability and growth.

For further insights into HK:1705 stock, check out TipRanks’ Stock Analysis page.