Summary by Moomoo AI
BEST MART 360 announced its annual performance for the year ending March 31, 2023, with revenue growing by 45.3% year-on-year to HKD 2.805 billion, and net profit rising by 47% to HKD 0.248 billion, with earnings per share of 24.8 cents. The Board of Directors has proposed a final dividend of 11 cents per share, in addition to a midterm dividend of 6 cents, for a total annual payout of 17 cents.The group's gross margin remained at 36.6%, an increase of 0.7 percentage points compared to the same period last year. During the period, sales and distribution expenses rose by 14.1% to HKD 0.557 billion, while administrative and other expenses increased by 2.5% to HKD 81.42 million. The group's retail network continues to expand, with a total of 159 stores, including 155 in Hong...Show More
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