Bosideng International's Profit Up 44% in Fiscal Year 2024

MT Newswires Live06-26

Bosideng International Holdings (HKG:3998) recorded a 44% rise in attributable profit for the year ended March 31 to 3.07 billion yuan from 2.14 billion yuan a year prior, a Wednesday filing on the Hong Kong bourse stated.

Earnings per share were 0.2752 yuan during the year, up from 0.1929 yuan in fiscal year 2023, the clothing company said.

The company saw a revenue of 23.2 billion yuan during 2024, up 38% from 16.8 billion yuan in the year-ago period.

The company has recommended a final dividend of HK$0.20 per ordinary share for the year, payable on or around Sept. 13 to shareholders of record on Aug. 26.

Shares of the company closed nearly 4% lower on Wednesday.

Price (HKD): $4.33, Change: $-0.16, Percent Change: -3.56%

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