Summary by Futu AI
Blue Moon Group (the “Company”) announces its annual results for the year ended 31 December 2023. The Company's revenue was HK$7,323,532 thousand, a decrease of 7.8% year-on-year, and gross profit was HK$4,540,240 thousand, and the gross profit margin increased from 57.8% last year to 62.0%. Profit for the year and profit attributable to equity holders of the Company amounted to HK$325,309 thousand and HK$325,309 thousand, respectively, a decrease of 46.8% compared to the previous year. Basic and diluted earnings per share were HK5.84 cents. The Company maintains stable general and administrative expenses and increases sales and distribution expenses to increase sales and distribution channel coverage. The Board of Directors proposes to pay a final dividend of HK$6.0 cents per share. The Company approved the publication of this results announcement on March 26, 2024.