AP Rentals Sees Revenue Rise but Profit Dip

AP Rentals Holdings Ltd. (HK:1496) has released an update.

AP Rentals Holdings Ltd. reported its annual financial results, showing an 8.4% increase in revenue to HK$174,070,000 for the year ended March 31, 2024. Despite the rise in revenue, the company experienced a decline in profit by 18.9% to HK$10,364,000 compared to the previous year. Earnings per share also fell to 1.20 HK cents from 1.48 HK cents, alongside a slight drop in the final dividend from 0.65 to 0.60 HK cents per share.

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