MAN YUE TECH released its annual performance, with shareholders' profit attributable to shareholders of HKD 7.818 million, an increase of 91.81% year-on-year
MAN YUE TECH released its annual results for the year ending December 31, 2024, with revenue of HKD 1.612 billion, a year-on-year increase of 9.56%; profit attributable to shareholders of HKD 7.818 million, a year-on-year increase of 91.81%; basic earnings per share of HKD 0.0164, and a proposed final dividend of HKD 0.0049 per share. The revenue growth is mainly attributed to the increased market demand for the group's products, especially in the mainland China market
According to the Zhitong Finance APP, MAN YUE TECH (00894) announced its annual performance for the year ending December 31, 2024, with revenue of HKD 1.612 billion, an increase of 9.56% year-on-year; profit attributable to shareholders of HKD 7.818 million, an increase of 91.81% year-on-year; basic earnings per share of HKD 0.0164; and a proposed final dividend of HKD 0.0049 per share.
The announcement stated that the growth in turnover was mainly due to the increased market demand for the group's products, particularly in the mainland China market. The growth in demand was primarily driven by sales, as the group successfully expanded its customer base and secured new orders from both existing and new customers
