Fourace Industries Group Holdings Limited (HK:1455) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Fourace Industries Group Holdings Limited reported a notable decline in annual revenue by 26.7% and profit by 39.7% for the fiscal year ended March 31, 2024, compared to the previous year. Despite a decrease in gross profit, the company saw an increase in gross profit margin from 30.7% to 36.3%. No final dividend will be paid for FY2024, contrasting with the previous year’s dividend payments.
For further insights into HK:1455 stock, check out TipRanks’ Stock Analysis page.