Sundart Holdings Reports Revenue Growth Despite Profit Dip in 2024

Sundart Holdings Ltd. ( (HK:1568) ) just unveiled an update.

Sundart Holdings Ltd. announced its audited consolidated annual results for the year ended December 31, 2024, reporting a 9.8% increase in revenue to HK$5,996.8 million and a 14.9% rise in gross profit to HK$800.2 million. Despite these gains, the profit attributable to owners of the company slightly decreased by 2.9% to HK$320.8 million, with basic and diluted earnings per share also dropping by 2.9%. The board proposed a final dividend of HK6 cents per share and a special dividend of HK14 cents per share, reflecting a commitment to shareholder returns amidst a challenging market environment.

More about Sundart Holdings Ltd.

Sundart Holdings Ltd. is a company incorporated under the laws of the British Virgin Islands, operating primarily in the construction and interior fit-out industry. It focuses on providing comprehensive services in the design, project management, and construction of interior spaces, catering to a diverse range of clients in the commercial, residential, and hospitality sectors.

YTD Price Performance: 8.70%

Average Trading Volume: 1,761,849

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.08B

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