According to the Zhitong Finance App, CHI HO DEV (08423) announced results for the year ended March 31, 2023, with earnings of HK$338 million, up 31.3% year on year; net profit of HK$134.32 million, up 67.4% year on year; and basic profit of HK1.68 cents per share.
The increase in earnings during the period was mainly due to increased revenue from RMAA and renovation projects. This was mainly due to Hong Kong, China's recovery from the pandemic.