Hong Kong Johnson's Full-Year Profit Plunges 30%

MT Newswires Live
Jun 30

Hong Kong Johnson (HKG:1955) recorded a 30% decline in attributable profit for the year ended March 31 to HK$1.07 billion from HK$1.53 billion in the year-ago period, a Monday Hong Kong bourse filing said.

Earnings per share were HK$0.66 in the year, down from HK$0.94 in the previous corresponding period.

Revenue fell 9.4% to HK$11.7 billion from HK$12.9 billion a year prior.

The firm recommended a final dividend of HK$0.15 per ordinary share, payable on or around Nov. 14 to shareholders of record on Sept. 30.

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