FSE Lifestyle Services Limited (HK:0331) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
FSE Lifestyle Services Limited reported a revenue increase of 8.8% for the financial year ended 30 June 2024, with a slight gross profit rise of 0.7%, although profit attributable to shareholders dipped by 4.2%. Despite this, the company proposed a final dividend of HK21.4 cents per share, maintaining a stable dividend payout ratio around 40%. Adjusted for government grants and COVID-related works, the group’s adjusted net profit saw a significant rise, showcasing a resilient underlying financial performance.
For further insights into HK:0331 stock, check out TipRanks’ Stock Analysis page.