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IBI Group Sees Revenue Surge Amidst Profit Dip

IBI Group Sees Revenue Surge Amidst Profit Dip

IBI Group Holdings Limited (HK:1547) has released an update.

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IBI Group Holdings Limited reported a significant revenue increase of 70.9% for the fiscal year ended March 31, 2024, yet saw a sharp decline in profit attributable to owners by 87.5%. Despite higher revenues, the company experienced a decrease in both gross profit and profit before income tax. A final dividend of HK0.5 cents was declared for the year, reflecting the company’s commitment to shareholder returns amidst the financial fluctuations.

For further insights into HK:1547 stock, check out TipRanks’ Stock Analysis page.

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