Accel Group Announces Lower Annual Profit

Accel Group Holdings Limited (HK:1283) has released an update.

Accel Group Holdings Limited reported a decrease in profit to HK$40,419,000 for the fiscal year ending March 31, 2024, compared to the previous year’s HK$55,899,000, despite a slight revenue increase to HK$553,537,000. Gross profit margin also fell to 15.9% from 17.6%, and the company announced a final dividend of HK1.3 cents per share, down from HK1.6 cents the prior year.

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