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Wecon Holdings Reports Strong Revenue Growth

Wecon Holdings Reports Strong Revenue Growth

Wecon Holdings Ltd. (HK:1793) has released an update.

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Wecon Holdings Limited reported a significant revenue increase of 33.5% to HK$1,160.4 million for the fiscal year ending March 31, 2024, with gross profit rising by 15.6% to HK$45.1 million, despite a slight decrease in gross profit margin. The company maintained its dividend payout at HK1.2 cents per share, reflecting a stable return to shareholders, and noted a marginal boost in profit attributable to equity holders to HK$6.0 million.

For further insights into HK:1793 stock, check out TipRanks’ Stock Analysis page.

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