Summary by Moomoo AI
Jordan International announced its annual results on 31 December 2023 with a slight increase in revenue of 1.9% to HK$38.73 billion, and gross profit increased to 60.6%, and net profit increased by 28.7% to HK$3.45 million for shareholders. The Company proposes a final dividend of HK13.5 cents per share, increasing the total dividend to HK$30.5 cents per share for the full year. The number of inventory turnover days decreased to 108 days and cash and bank balances were HK$9.05 billion. Despite the challenges of the 2019 coronavirus pandemic and geopolitical conflicts, Giordano International has maintained steady growth through cost control and a diversification strategy.