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Wecon Holdings Ltd. ( (HK:1793) ) has shared an update.
Wecon Holdings Ltd. reported a decrease in revenue by approximately 8.8% to HK$1,058.7 million for the year ending March 31, 2025, alongside a reduction in gross profit margin from 3.9% to 3.5%. Despite these declines, the company’s profit attributable to owners increased by 23.3% to HK$7.4 million, and the Board proposed maintaining the final dividend at HK1.2 cents per share, with a payout ratio of approximately 130%. These financial results reflect a challenging year with reduced revenues but improved profitability, indicating strategic adjustments and potential resilience in operations.
More about Wecon Holdings Ltd.
Wecon Holdings Ltd. is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 1793. The company is involved in various business operations, although specific industries or services are not detailed in the announcement.
Average Trading Volume: 130,378
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$148M
Learn more about 1793 stock on TipRanks’ Stock Analysis page.