Chen Hsong Holdings Reports Downturn in Annual Results

Chen Hsong Holdings (HK:0057) has released an update.

Chen Hsong Holdings Limited reported a significant downturn in its annual financial results for the year ended 31 March 2024, with a 13% decrease in revenue and a 23% drop in profit attributable to equity holders. Earnings per share also fell by 23%, and dividends per share saw a 32% decline compared to the previous year. Despite the decline in profitability, the company’s total assets and shareholders’ funds remained relatively stable.

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