Fairwood Holdings announced its full-year performance for the year ending March 31, 2024, with a profit of HKD 50.7 million, an increase of 12.9% from the previous year. After deducting government subsidies, the profit was HKD 49.3 million, showing a significant increase compared to the same period last year. Revenue increased to HKD 3.1369 billion, a growth rate of 3.7%. The group maintains a zero debt ratio and holds bank deposits and cash equivalents of HKD 0.641 billion. Basic earnings per share were 39.10 Hong Kong cents, and it is recommended to distribute a final dividend of 30.0 Hong Kong cents per share. The total annual dividend payout is 41.0 Hong Kong cents per share, and the dividend payout ratio is approximately 105%. The group's main businesses are in operating...Show More

Fairwood Holdings announced its full-year performance for the year ending March 31, 2024, with a profit of HKD 50.7 million, an increase of 12.9% from the previous year. After deducting government subsidies, the profit was HKD 49.3 million, showing a significant increase compared to the same period last year. Revenue increased to HKD 3.1369 billion, a growth rate of 3.7%. The group maintains a zero debt ratio and holds bank deposits and cash equivalents of HKD 0.641 billion. Basic earnings per share were 39.10 Hong Kong cents, and it is recommended to distribute a final dividend of 30.0 Hong Kong cents per share. The total annual dividend payout is 41.0 Hong Kong cents per share, and the dividend payout ratio is approximately 105%. The group's main businesses are in operating fast food restaurants and property investment, and it actively expands its business in the Greater Bay Area, with ideal performance in same-store sales growth. The group has also launched multiple new products and digital initiatives to attract new customer groups and improve efficiency. Looking ahead, the group will continue to optimize its cost structure and improve operational efficiency to meet economic challenges.