Travel Expert Asia Announces Soaring Annual Profits

Travel Expert (Asia) Enterprises Limited (HK:1235) has released an update.

Travel Expert (Asia) Enterprises Limited reported a significant financial turnaround for the fiscal year ended 31 March 2024, with total customer sales surging by 155% to HK$476.3 million and revenue skyrocketing by 302.5% to HK$162.2 million. The company swung to a profit of HK$9.0 million, a substantial improvement from the previous year’s HK$2.2 million loss. In response to these positive results, the Board proposed both a final and a special dividend of HK0.7 cents per share, rewarding shareholders following a notably successful year.

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