According to Zhitong Finance App News, Security Engineering Holdings (01627) announced results for the year ended March 31, 2023, with revenue of HK$5.079 billion, down 8.9% year on year; net profit of HK$174 million, up 41.7% year on year; basic profit of HK$870 cents per share, and plans to pay a final dividend of HK5.0 cents per share.
The decline in earnings during the period was mainly due to the exclusion of major completed building construction projects that accounted for more than 50.5% of last year's revenue.