Kwong Luen Engineering Holdings Limited (HK:1413) has released an update.
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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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