Dickson Concepts' Full-Year Profit Rises 26%; Dividend Declared

MT Newswires Live
Jun 04

Dickson Concepts (International) (HKG:0113) recorded an attributable profit of HK$248.9 million for the year ended March 31, up 26% from HK$198 million a year prior, according to a Thursday Hong Kong bourse filing.

Earnings per share jumped to HK$0.645 from HK$0.504 in the corresponding period of the previous fiscal year.

The luxury goods company's revenue for the year increased 3.5% to HK$1.99 billion from HK$1.92 billion in the year-ago period.

The firm attributed the higher profit to an exchange gain from the revaluation of its assets denominated in US dollars, a rise in retail turnover, and an increased profit contribution from its investment portfolio.

The firm recommended a final dividend of HK$0.25 per ordinary share, compared to no dividend the previous year.

The dividend will be paid on or around Aug. 21 to shareholders of record on Aug. 14.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10