Migao Group Sees Rise in Full-Year Profit as Revenue Jumps 24%

MT Newswires Live

06/26

Migao Group (HKG:9879) booked 373.5 million yuan in attributable profit for the fiscal year ended March 31, up from 307.5 million yuan a year earlier, according to a Hong Kong bourse filing Thursday.

Earnings per share were 0.41 yuan, compared with 0.34 yuan in the prior-year period.

Revenue for the fiscal year jumped 24% year on year to 6.18 billion yuan, figures showed.

The firm also declared a final dividend of 0.083 yuan per share, payable Oct. 9 to shareholders of record on Sept. 8.

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