CHEN HSONG HOLD (00057) announces annual results, with a net profit attributable to shareholders of HK$117 million, a decrease of 24% year-on-year.

CHEN HSONG HOLD (00057) announced its financial performance for the fiscal year ending March 31, 2026. The group achieved revenue of 2.465 billion Hong Kong dollars, a decrease of 5% year-on-year; the profit attributable to equity holders of the company was 117 million Hong Kong dollars, a decrease of 24% year-on-year; basic earnings per share were 18.5 Hong Kong cents, with a proposed final dividend of 5.3 Hong Kong cents per share. Looking ahead to the next year, the global situation remains extremely unstable. Firstly, the US government is likely to take further measures and trade barriers to revamp its global tariff policy. In addition, the situation in the Middle East remains unstable, leading to continuous fluctuations in oil prices. The group expects at least the first half of the next year to be full of uncertainties, which will dampen the confidence of global investors and consumers, resulting in weak market demand. Price competition will be particularly intense in the face of oversupply and weak long-term investment intentions. The group will actively face these challenges by enhancing market competitiveness through new technologies, optimized new products, and quality customer service to maintain operational efficiency. At the same time, the group will continue to cut costs to cope with price pressures and maintain robust risk management.