K & P INT'L released its annual performance, with a loss attributable to shareholders of HKD 9.0561 million, a year-on-year decrease of 65.3%

Zhitong
2025.03.23 10:34
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K & P INT'L released its annual performance for the year ended December 31, 2024, with revenue of HKD 176 million, a year-on-year decrease of 5.04%. The loss attributable to shareholders was HKD 9.0561 million, a year-on-year decrease of 65.3%; the loss per share was HKD 0.0339, and a final dividend of HKD 0.04 per share is proposed. The group recorded a loss of approximately HKD 10.6 million in forward foreign exchange contracts, a decrease compared to 2023

According to the Zhitong Finance APP, K & P INT'L (00675) announced its annual results for the year ending December 31, 2024, reporting revenue of HKD 176 million, a year-on-year decrease of 5.04%; the loss attributable to shareholders was HKD 9.0561 million, a year-on-year decrease of 65.3%; the loss per share was HKD 0.0339, and a final dividend of HKD 0.04 per share is proposed.

In 2024, the Group recorded a loss of approximately HKD 10.6 million on forward foreign exchange contracts (2023: HKD 16.7 million), which includes losses of approximately HKD 1 million and HKD 7.3 million from expired and early terminated forward foreign exchange contracts, respectively, and a loss of approximately HKD 2.3 million from closed contracts (2023: losses from expired and unexpired forward foreign exchange contracts were approximately HKD 6.9 million and HKD 9.8 million, respectively)