Wah Sun Handbags reports strong earnings, doubles dividend payout

Wah Sun Handbags International Holdings (HKEX:2683) reported a significant increase in its financial performance for the year ended March 31, 2025, driven by strong sales and effective cost management. The company's revenue grew by 21.8% to HKD724.1 million, up from HKD594.4 million the previous year, while net profit attributable to owners of the company rose by 125.5% to HKD64.3 million, compared to HKD28.5 million in 2024. The Board has recommended a final dividend of HKD0.04 per share and a special dividend of HKD0.02 per share, a notable increase from the previous year's HKD0.02 and HKD0.01, respectively, subject to shareholder approval on September 1, 2025.