Summary by Futu AI
YI DAESONG HOLDINGS LIMITED ANNOUNCED ITS ANNUAL RESULTS ON 31 DECEMBER 2003. REVENUES FOR THE REPORTING PERIOD AMOUNTED TO HK$40,586,665 THOUSAND, AN INCREASE OF 17.94% OVER THE PREVIOUS YEAR. Profit for the year was HK$2,194,356 thousand, an increase of 28.68% year-on-year. The Company is primarily engaged in the processing and sale of coal and other products, and provides integrated supply chain services. During the reporting period, the Company continued to expand its business and market and acquired Hebei Chunao Industrial Co., Ltd., at the end of the year, to further expand its business in coal washing and logistics services. At the end of the reporting period, the Company had total assets of HK$17,814,465 thousand and total liabilities of HK$8,998,507 thousand. The total shareholders' equity of the Company is HK$8,494,073 thousand. The Board of Directors proposes to pay a final dividend of HK$0.118 per share for a total amount of approximately HK$320 million.