Summary by Moomoo AI
JIAN LAMINATE HOLDINGS LIMITED ANNOUNCED ITS RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023, SHOWING THAT REVENUE FELL 25% TO HK$16.50 BILLION FROM LAST YEAR'S HK$23.64 BILLION. Excluding interest, tax, depreciation and amortisation, profit before interest, tax, depreciation and amortisation decreased by 44%, while profit before tax decreased 63%. The Company's shareholders accounted for a decrease of 51% and 52% in basic net profit and 52%, respectively, and earnings per share decreased by 50% and 52%, respectively. THE FULL-YEAR DIVIDEND PER SHARE FELL BY 54% FROM 35 HKD CENTS LAST YEAR TO 16 CENTS. The net debt ratio rose from 7% to 16%. The company said that despite intense competition in the copper clad panel market, shipments increased 3% year-over-year thanks to vertical integration of the industry chain and technological improvements...Show More