Kwong Luen Engineering Holdings Limited (HK:1413) has released an update.
Kwong Luen Engineering Holdings Limited has shown significant growth in their annual financial results for the fiscal year ending March 31, 2024, with revenue soaring to HK$618.2 million from HK$338.3 million the previous year and profits jumping to HK$17.3 million from HK$1.0 million. The company reported a gross profit margin increase to 5.6% and earnings per share growth to HK cents 1.73, yet has decided not to issue a final dividend for the year. This announcement also marks the resumption of trading of the company’s shares.
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