On March 25, Ge Longhui | Hong Kong Express Holdings (00032.HK) announced that for the year ended 31 December 2023, the company recorded a 25.1% increase in total revenue to HK$875.2 million, and profit attributable to shareholders was HK$520.0 million (2022: loss of HK$445.3 million).

The main reason for turning a loss into a profit this year was the net profit of HK$162.4 million from financial management operations (2022: loss of HK$861.0 million). The profit contribution of operating driving schools also increased, but was offset by a decrease in profit contributions from operating tunnels and operating electronic road toll facilities.

The Board recommended a final dividend of HK$0.24 per share (2022: HK$0.24 per share) for the year ended 31 December 2023.