Kantone Holdings (HK:1059) has released an update.
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Kantone Holdings Limited has announced its annual financial results for the year ended June 30, 2024, showing a profit of HK$5,724,000, which is a decrease from the previous year’s profit of HK$9,694,000. Despite the lower profit, the company experienced an increase in total comprehensive income for the year at HK$15,938,000 compared to HK$1,314,000 in the prior year, thanks to a significant remeasurement gain in its pension plans. Basic and diluted earnings per share fell to HK2.18 cents from HK3.72 cents last year.
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