KATO (HK) HLDGS announced its annual performance, with profit attributable to owners of the company approximately HKD 21.9 million, a year-on-year decrease of about 65.9%
KATO (HK) HLDGS announced its annual performance for the year ending March 31, 2025, with total revenue of approximately HKD 317 million, an increase of about 16.9% year-on-year. The profit attributable to the company's owners was approximately HKD 21.9 million, a decrease of about 65.9% year-on-year. The basic earnings per share were HKD 0.0219, and a final dividend of HKD 0.02 per share is proposed. The revenue growth was mainly driven by the operation of new elderly care homes and increased rental and management fee income from property acquisitions
According to the Zhitong Finance APP, KATO (HK) HLDGS (02189) announced its annual performance for the year ending March 31, 2025, with total revenue of approximately HKD 317 million, an increase of about 16.9% year-on-year. The profit attributable to the company's owners was approximately HKD 21.9 million, a decrease of about 65.9% year-on-year. The basic earnings per share were HKD 0.0219, and a final dividend of HKD 0.02 per share is proposed.
The announcement stated that the revenue growth was mainly due to the commencement of operations of two new nursing homes located in Lam Tin during the year, which increased revenue from nursing home services; and due to the group's acquisition of a property in Tsuen Wan completed in February 2024, which has since been leased to an independent third party for operating a nursing home, resulting in increased rental and management fee income
