Sino Harbour’s Strong Revenue Growth in FY2024

Sino Harbour Holdings Group Limited (HK:1663) has released an update.

Sino Harbour Holdings Group Limited reported a significant increase in annual revenue to RMB 891.7 million for FY2024, driven by residential and parking space sales, with a net profit of RMB 31.4 million, up from RMB 11.0 million the previous year. Despite higher earnings per share of RMB 2.13 cents and a stronger operating profit, the company’s cash reserves decreased, and they decided against issuing a final dividend.

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