Kingmaker Footwear Holdings (HK:1170) has released an update.
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Kingmaker Footwear Holdings Limited reported a significant drop in annual revenue and profit for the year ended March 31, 2024, with revenue falling by 35.1% and profit by 62.1% compared to the previous year. Despite the downturn, the company has increased total dividends per share for the year by 100%. The company ended the year with a healthy cash and cash equivalents balance of approximately HK$416 million.
For further insights into HK:1170 stock, check out TipRanks’ Stock Analysis page.