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Affluent Foundation Holdings Records Higher Profit in Fiscal 2024
AFFLUENT FDN: ANNUAL REPORT 2023/24
Affluent fdn (01757.HK) doubled its net profit to 2.42 million yuan for the whole year without paying dividends.
Affluent fdn (01757.HK) announced its financial performance for the fiscal year ending in March, with revenues of 199 million yuan, a year-on-year decrease of 38.9%. The company recorded a net profit of 2.42 million yuan, a 199% increase, and earnings per share of 0.2 cents. No final dividend will be distributed.
Affluent Fdn (01757.HK) annual earnings are approximately HKD 199 million, a decrease of approximately 38.9% year-on-year.
Junyu Foundation (01757.HK) announced on June 27 that for the fiscal year ending March 31, 2024, its annual revenue was about HK$199 million, a decrease of about 38.9% from the fiscal year ending March 31, 2023. Equity holders of the company should account for a total of approximately HK$2.4 million in surplus and comprehensive income (approximately HK$810,000 in 2023). Basic earnings per share for the period were approximately HK$0.20 (approximately HK$0.07 in 2023). The board of directors does not recommend the payment of a final dividend for the period (none in 2023). The main reason for the decrease in revenue is due to the company's locations in Kai Tak and Jiang Jun.
AFFLUENT FDN: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2024
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