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Tsui Wah Holdings Posts Mixed Annual Results

Tsui Wah Holdings Posts Mixed Annual Results

Tsui Wah Holdings Ltd. (HK:1314) has released an update.

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Tsui Wah Holdings Limited reported an increase in revenue of 12.8% for the fiscal year ending March 31, 2024, with notable growth in Mainland China and other regions, although the company faced a 41% decrease in profit compared to the previous year. The company also declared the payment of a second interim dividend amidst a decline in earnings per share and a slight reduction in the number of restaurants operated. This mixed financial performance presents a complex picture for investors and stakeholders of the Hong Kong-based restaurant group.

For further insights into HK:1314 stock, check out TipRanks’ Stock Analysis page.

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