According to the Zhitong Finance App, Xinetsu Holdings (06038) announced the results for the year ended December 31, 2023. The group obtained revenue of HK$497 million, up 29.74% year on year; profit attributable to company owners was HK$570.3 million, an increase of 31.33% year on year; profit per share was 5.7 HK cents, and a final dividend of HK2 cents per share was proposed.

According to the announcement, the increase in profit was mainly due to an increase in gross profit of about HK$9.4 million and a decrease of about HK$5.5 million in administrative and other operating expenses.