On June 24, Gelunhui reported that Wahsun Handbags International Holdings (02683.HK) announced that for the fiscal year ended March 31, 2024, the company's revenue increased by about 33.1% to approximately HKD 594.4 million; the gross margin increased by about 2.6% to approximately 17.7%; the annual net profit attributable to owners of the company increased by approximately 235.5% to approximately HKD 28.5 million.
The board of directors has proposed to distribute a year-end dividend of 2.0 Hong Kong cents per share of the company's common stock (2023: zero Hong Kong cents per share) and a special dividend of 1.0 Hong Kong cents per share (2023: 1.0 Hong Kong cents per share).