Chi Kan Holdings Limited (HK:9913) has released an update.
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Chi Kan Holdings Limited reported a year-on-year revenue decline of 5.2% for FY 2024, with a gross profit margin improvement to 15.9% driven by its E-Commerce business. Despite this, profit attributable to company owners plunged by 47.4%, leading the Board to decide against recommending a final dividend for the year. The company experienced a decrease in profit even when adjusted for non-recurring government subsidies.
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