TK Group (Holdings) profits soar with 28.2% increase
TK Group (Holdings) (HKEX:2283) reported a substantial 28.2% increase in profit for the year ended December 31, 2024, reaching HK$261.9 million compared to HK$204.2 million in 2023. Revenue also surged by 21.2% to HK$2,358.3 million. The mold fabrication business saw a 12.7% revenue increase, while the plastic component manufacturing business rebounded strongly with a 25.2% gain. Basic earnings per share rose to HK$0.32 from HK$0.25 in the previous year. The company proposes a final dividend of HK8.8 cents per share and a special dividend of HK10.0 cents per share. As of year-end, TK Group maintained a strong cash position of HK$1,164.8 million. The group plans to further expand capacity and investments to capitalize on potential business growth in the coming years.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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