Gelonghui June 29?00320.HK reported that for the year ended March 31, 2023, the company's earnings were HK $4.205 billion, up 0.5% from a year earlier; earnings for the period attributable to shareholders were HK $22.504 million, down 73.28% from a year earlier; and basic earnings per share were HK2.67 cents, with a proposed final dividend of HK $0.0210 per share.
During the period, as the Group tried its best to control costs and minimize the negative impact of uncertainty, excluding the additional inventory provision of HK $54.9 million for the Group's Malaysia business, the gross profit for fiscal year 2023 increased to HK $13.4 to HK $564 million (fiscal year 2022: HK $537 million), while the overall gross profit margin, including additional inventory provision, was maintained at 12.1% (fiscal year 2022: 12.8%). Show the group's business resilience in a volatile environment.