Tenfu's (HKG:6868) attributable profit fell 35% to 138.9 million yuan in 2024 from 213.2 million yuan in 2023, according to a Tuesday filing with the Hong Kong bourse.
Earnings per share at the tea products company decreased 35% to 0.13 yuan from 0.20 yuan in the previous year.
Revenue declined 9.9% to 1.56 billion yuan from 1.73 billion yuan a year earlier.
The company declared a final dividend of HK$0.08 per share, payable May 28 to shareholders on record as of May 21.