tiprankstipranks
FSE Lifestyle Services Limited Announces Stable Dividends
Company Announcements

FSE Lifestyle Services Limited Announces Stable Dividends

FSE Lifestyle Services Limited (HK:0331) has released an update.

Don't Miss Our Christmas Offers:

FSE Lifestyle Services Limited reported a revenue increase of 8.8% for the financial year ended 30 June 2024, with a slight gross profit rise of 0.7%, although profit attributable to shareholders dipped by 4.2%. Despite this, the company proposed a final dividend of HK21.4 cents per share, maintaining a stable dividend payout ratio around 40%. Adjusted for government grants and COVID-related works, the group’s adjusted net profit saw a significant rise, showcasing a resilient underlying financial performance.

For further insights into HK:0331 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App