Zhitong Finance APP news, National Elec H (00213) released its annual performance results up to March 31, 2024. The group earned HKD578 million in revenue during the period, an increase of 15.34% year-on-year; shareholders' attributable net profit was HKD41.1333 million, a decrease of 15.83% year-on-year; and basic earnings per share were 4.5 Hong Kong cents; a final dividend of 1.2 Hong Kong cents per share is proposed for distribution.
The announcement stated that during the review period, the turnover and profit margins of the watch manufacturing and watch parts trading division of the group remained stable. The group's hotel business performed well, with revenue, occupancy rates, and room rates all higher than last year's levels.