Dickson Concepts Reports 19.9% Drop in Turnover and 43.5% Fall in Net Profit for Fiscal Year Ending March 2025

Reuters
06-24
Dickson Concepts Reports 19.9% Drop in Turnover and 43.5% Fall in Net Profit for Fiscal Year Ending March 2025

Dickson Concepts (International) Ltd. has released its financial results for the year ended March 31, 2025. The Group reported a turnover of HK$1.9218 billion, reflecting a 19.9% decrease compared to HK$2.4001 billion in the previous year. Net profit attributable to equity shareholders was HK$198.0 million, down 43.5% from HK$350.8 million in the prior year. The decline in profit is primarily attributed to a reduction in the Group's sales turnover in Hong Kong, impacted by the changing retail landscape and diminished consumer sentiment in the region. Due to these financial results, the Board has resolved not to recommend the payment of a final dividend for the year ended March 31, 2025, compared to a final dividend of HK35 cents per ordinary share in the previous year. The Group's operations have been affected by the evolving priorities of local and Chinese tourists, leading to a weaker market in Hong Kong.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dickson Concepts (International) Ltd. published the original content used to generate this news brief on June 24, 2025, and is solely responsible for the information contained therein.

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