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Upbest Group Limited Reports Decreased Annual Profit

Upbest Group Limited Reports Decreased Annual Profit

Upbest Group Limited (HK:0335) has released an update.

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Upbest Group Limited reported a decrease in annual profit for the fiscal year ended March 31, 2024, with earnings of HK$85.7 million compared to HK$100.2 million the previous year, despite an increase in revenue from HK$114.9 million to HK$121.9 million. The basic earnings per share also fell from HK3.7 cents to HK3.2 cents, while the proposed final dividend remained steady at HK2.0 cents per share.

For further insights into HK:0335 stock, check out TipRanks’ Stock Analysis page.

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