Suga International Reports Declining Profits

Suga International Holdings Limited (HK:0912) has released an update.

Suga International Holdings Limited reported a decrease in revenue to HK$1,400.3 million for the year ended 31 March 2024 from HK$1,443.5 million the previous year, with a net profit of HK$32.1 million, down from HK$59.8 million in 2023. Gross profit slightly increased to HK$203.3 million, and the company announced a final dividend of HK4.0 cents per share, with total dividends for the year at HK8.0 cents, compared to HK12.0 cents distributed in 2023.

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