Kato (Hong Kong) Holdings reports revenue increase amid profit decline

Kato (Hong Kong) Holdings (HKEX: 2189) announced its annual results for the year ended March 31, 2025, reporting a total revenue increase to HK$317.1 million, up 16.9% compared to the previous year. This growth was attributed to increased revenue from elderly home care services and rental and management fee income. However, profit attributable to the owners of the Company decreased approximately 65.9% to HK$21.9 million. The company has recommended a final dividend of HK2.0 cents per share, pending shareholder approval, for shareholders of record on September 8, 2025, payable September 17, 2025. The register of members will be closed from September 5, 2025, to September 8, 2025. The annual general meeting is scheduled for August 29, 2025. There was a non-compliance from one of the Directors due to the delay of publishing the previous year’s annual results; however, the Stock Exchange has issued a guidance letter regarding the non-compliance.