ASIA COMM HOLD Reports Fiscal Year Profit of HK$39 Million, a 63% Surge

Stock News

Jun 22

ASIA COMM HOLD (00104) has announced its financial results for the year ended March 31, 2026. The group recorded revenue of HK$670 million, representing a 6% decrease compared to the previous year.

Profit attributable to the company's owners was HK$39 million, marking a significant 63% increase year-on-year. Basic earnings per share stood at 5.28 Hong Kong cents.

The company's board has proposed a final dividend of 23 Hong Kong cents per share.

Currently, the group operates six retail stores in Mainland China. Throughout the year, the focus remained on its core store operations, with efforts to streamline operational costs, a strategy the company intends to continue to enhance the cost-effectiveness of each outlet.

While sales in Mainland China remained stable during the fiscal year, the company noted that the economic slowdown in the region continues to pose a challenge for the future of its luxury retail business.

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