Travel Expert (Asia) Enterprises Limited (HK:1235) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into HK:1235 stock, check out TipRanks’ Stock Analysis page.