According to the performance report ending on March 31, 2024, Allan Int'l (00684) achieved a revenue of HKD 485 million, an increase of 17.28% YoY, with a net loss of HKD 69.131 million attributable to shareholders, an increase of 11.41% YoY, and a basic loss per share of 20.8 HK cents. The group intends to distribute a final dividend of 2 HK cents per share and a special dividend of 13 HK cents per share.
The announcement stated that gross profit increased by 136% to HKD 39.5 million, and gross margin increased from 4.0% to 8.2%. The group continued to strictly control various costs, streamline and optimize the manufacturing process, improve production efficiency, and reduce labor costs. The depreciation of the RMB against the USD and changes in product structure also contributed to the improvement of gross margin.