China Leon Inspection Holdings reports revenue growth, cautious outlook

China Leon Inspection Holding Limited (HKEX:1586) announced its annual results for the year ended December 31, 2024, revealing a 12.9% increase in revenue, climbing to HKD1,263.1 million from HKD1,118.5 million in 2023. Profit attributable to owners of the Company rose 3.4% to HKD82.7 million. Basic earnings per share increased by 4.1% to HK14.29 cents. While the company highlighted strong growth in new ESG-related businesses and overseas markets, the Board resolved not to recommend a final dividend, citing long-term sustainable development considerations. The company repurchased 6,504,000 shares during the year for approximately HKD12,982,560 (excluding expenses) and continued share repurchases after year-end. The Group emphasizes integrating AI and cutting-edge technologies to improve service efficiency and expand its global reach. As of December 31, 2024, the Group operated 78 branches and professional laboratories worldwide, spanning 19 countries.