Million Hope Industries Holdings Ltd. (HK:1897) has released an update.
Million Hope Industries Holdings Ltd. reported a marginal revenue decrease to HK$603.5 million for the year ending March 31, 2024, with a gross profit rise to HK$55.5 million, despite lower overall profit due to increased joint venture losses and administrative expenses. The company maintained its dividend payout at HK2.5 cents per share and saw a slight dip in net asset value per share to HK$1.28. This financial performance was influenced by factors such as the COVID-19 pandemic and investments in residential development projects.
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