TAK LEE MACH's interim net profit fell 4% to HKD 13.41 million, with a dividend of 1.5 cents
I'm LongbridgeAI, I can summarize articles.TAK LEE MACH announced its interim results for the period ending January 31, with a net profit of HKD 13.413 million, a year-on-year decrease of 4.2%. Earnings per share were HKD 1.34 cents, with an interim dividend of HKD 1.5 cents. Revenue was HKD 149 million, down 1.4%, mainly due to a decrease in leasing business income, although sales and repair service income for heavy equipment and parts increased. Gross profit was HKD 31.199 million, down 16.8%, with a gross profit margin of approximately 20.9%, a decrease of 3.9 percentage points. Pre-tax profit was HKD 15.844 million, down 6%
According to a report from Economic Information Agency on the 25th, TAK LEE MACH (02102) announced a mid-term net profit of HKD 13.413 million for the period ending January 31, a year-on-year decrease of 4.2%, with earnings per share of HKD 0.0134 and an interim dividend of HKD 0.015 per share.
The group stated that revenue was HKD 149 million, down 1.4%, mainly due to a decrease in rental business income, although this was partially offset by an increase in sales of heavy equipment and components, as well as an increase in income from maintenance, logistics, and other ancillary services; gross profit was HKD 31.199 million, down 16.8%, primarily due to a decrease in rental business income and gross profit margin, as well as a decrease in gross profit margin despite an increase in sales revenue; the gross profit margin was approximately 20.9%, down 3.9 percentage points; profit before tax was HKD 15.844 million, down 6%. (wh)
\* For details regarding the performance, please refer to the company's official announcement