Horizon Construction Development's 2024 Profit Slides 7%

MT Newswires Live

2025/03/06

Horizon Construction Development (HKG:9930) recorded a 6.9% decline in attributable profit for the year 2024 to 896.3 million yuan from 962.4 million yuan in the year-ago period, the firm's annual report posted on the Hong Kong bourse on Thursday said.

Earnings per share were 0.28 yuan in the year, down from 0.32 yuan in the previous corresponding year.

The construction company's revenue rose by 21% to 11.6 billion yuan in the fiscal year from 9.61 billion yuan a year prior.

The firm has proposed a dividend of HK$0.045 per share for the year, payable July 2 to shareholders of record on June 11, subject to shareholder approval.

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