Summary by Futu AI
YIWO HOLDINGS ANNOUNCED ITS ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023, WITH A SLIGHT DECREASE IN REVENUE OF 1.4% TO HK$61,826,580,000 AND GROSS MARGIN SLIGHTLY INCREASED TO 20.9%. The company's net profit increased 15.1% to HK$2,3705,000 and basic earnings per share rose to HK$13.6 cents. Billie Holdings said the company had managed to improve operational efficiency through streamlined production and cost controls, despite the global economic rebound not as expected. The company will continue to adopt a conservative fiscal strategy and increase cost control. The Board of Directors proposes a final dividend of HK$1.99 cents per ordinary share for a total contract of HK$34,644,000.