Gelonghui June 28th 丨Coley Industrial Holdings (01455.HK) announced that for the year ended March 31, 2023, the company's revenue was HK$366 million, a year-on-year decrease of 22.78%; the company's shareholders' earnings during the period were HK$64,205 million, up 7.51% year on year; and basic earnings per share were HK$5.0 cents. The Board proposed to announce final dividends and special dividends of HK1.5 cents per share and HK0.8 cents per share, respectively, for a total of HK2.3 cents per share.
During the reporting period, the Group's gross margin increased by about 5.3% year on year to about 30.7% (fiscal year 2022: about 25.4%), mainly due to (i) the reduction in direct labor costs and the depreciation of the RMB against the US dollar due to the simplification of the Group's cost control measures and the reduction of excess manpower.