Karrie International Holdings' Profit Falls in Fiscal 2024

 Karrie International Holdings' 

profit attributable to equity shareholders came in at HK$169.7 million for the year ended March 31 as compared to HK$386.2 million from the previous fiscal year, a Tuesday filing with the Hong Kong Exchange said.

The company saw earnings per share of HK$0.084 for the reporting period as compared to earnings of HK$0.09 per share in the previous fiscal year.

The company's revenue was HK$2.92 billion for the year as compared to HK$3.08 billion from the previous year. The company attributed the decrease to an uncertain macroeconomic environment and negative factors like inflation pressure and rising interest rates among others.

The company has recommended a final dividend of HK$0.04 per share to all on the register on Sept. 6.

The company's shares were over 1% up on Tuesday's close.

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