NWS Hikes Final Dividend as Full-Year Profit Surges 44%

MT Newswires Live09-25

NWS Holdings (HKG:0659) recorded a profit attributable to shareholders of HK$2.08 billion for the year ended June 30, 44% higher than HK$1.45 billion a year earlier.

Earnings per share came in at HK$0.56, up from HK$0.40 in the prior fiscal year, according to a Wednesday filing with the Hong Kong Exchange.

The Hong Kong conglomerate's revenue was HK$26.4 billion, slightly lower than HK$27.1 billion in the previous fiscal year.

NWS' board declared a final dividend of HK$0.35 per share, compared to HK$0.31 in fiscal 2023.

The company's shares were up over 2% on Wednesday's close.

Price (HKD): $7.65, Change: $+0.16, Percent Change: +2.14%

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