Wai Yuen Tong Medicine Holdings Limited (HK:0897) has released an update.
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Wai Yuen Tong Medicine Holdings Limited reported an increase in revenue to HK$783.9 million, up by 8.3% for the fiscal year ended 31 March 2024, while gross profit jumped by 15.3%. Despite a significant drop in net asset value and cash equivalents, the company managed to reduce its gearing ratio by over 24%. In light of these results, a proposed cash dividend per share has been announced, including a special dividend.
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