According to the announcement from Futu Securities, Able Eng Hldgs (01627) announced its annual results for the year ended March 31, 2024, with revenue of approximately HKD 5.511 billion, an increase of 8.51% year-on-year; the owner of the controlling interest should earn about HKD 205 million net profit for the year, an increase of 17.71% year-on-year; and the earnings per share were 10.24 HK cents. It is recommended to pay a final dividend of 5 HK cents per share.

The announcement stated that the increase in net profit is mainly attributable to the progress of the projects according to schedule.