Yoho Group Holdings' Net Profit Soars in Fiscal 2024; Shares Rise 3%

MT Newswires Live06-28

Yoho Group Holdings' (HKG:2347) net profit jumped to HK$22.3 million in the fiscal year ended March 31 from HK$6.3 million in the year prior, according to a filing with the Hong Kong bourse.

Earnings per share rose to HK$0.0446 from HK$0.0131 year on year, the Thursday filing said.

Revenue slid to HK$841.1 million from HK$855 million, the filing added.

The company proposed a final dividend of HK$0.03 subject to shareholder approval on Aug. 30 with an ex-date of Sept. 4, a record date of Sept. 11, and a payment date of Sept. 27, as per the filing.

Shares of Yoho Group Holdings rose 3% in recent trade.

Price (HKD): $0.72, Change: $+0.02, Percent Change: +2.86%

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