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Kato Holdings Faces Sharp Revenue and Profit Decline

Kato Holdings Faces Sharp Revenue and Profit Decline

Kato (Hong Kong) Holdings Ltd. (HK:2189) has released an update.

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Kato (Hong Kong) Holdings Limited reported a significant drop in annual revenues and profits for the fiscal year ending March 31, 2024, with revenues falling by 33.5% and profits by 49.1% compared to the previous year. Despite the decline, the company has proposed a final dividend of HK2.0 cents per share, pending shareholder approval at the upcoming AGM.

For further insights into HK:2189 stock, check out TipRanks’ Stock Analysis page.

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