Tai Cheung Holdings Limited (HK:0088) has released an update.
Tai Cheung Holdings Limited has bounced back from a loss, reporting a profit of HK$74.9 million for the fiscal year ending March 31st, 2024, driven by improved property sales, increased interest income, and a substantial gain from an associate company. In light of these results, the board proposes a final dividend of HK12 cents per share, maintaining the total annual dividend at HK24 cents per share. This marks a significant recovery compared to the HK$20.0 million loss recorded in the previous year.
For further insights into HK:0088 stock, check out TipRanks’ Stock Analysis page.
