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Rongzun International Reports Decline in Revenue but Proposes Dividend

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Rongzun International Reports Decline in Revenue but Proposes Dividend

Elevate Your Investing Strategy:

B & D Strategic Holdings Limited ( (HK:1780) ) has issued an announcement.

Rongzun International Holdings Group Limited reported its annual financial results for the year ending March 31, 2025, showing a significant decline in revenue to approximately HK$88.4 million from HK$229.9 million the previous year. Despite the drop in revenue, the company’s gross profit margin improved to 4.7% from 1.9%. The company also reported a loss before tax of approximately HK$9.5 million, similar to the previous year’s loss. Notably, the board has recommended a final dividend of HK4.0 cents per share, a positive move compared to the previous year when no dividend was declared. This announcement indicates a challenging year for the company but shows a commitment to shareholders through the proposed dividend.

More about B & D Strategic Holdings Limited

Average Trading Volume: 194,431

Technical Sentiment Signal: Sell

Current Market Cap: HK$682M

For a thorough assessment of 1780 stock, go to TipRanks’ Stock Analysis page.

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