According to the Zhitong Finance App, Hong Kong Shengli Brewery (00236) announced its annual results for the year ended December 31, 2023. The group obtained revenue of HK$742 million, up 8.9% year on year; profit attributable to the company's equity holders was HK$85,898 million, an increase of 165.9% year on year; basic profit per share was HK23 cents, with a final dividend of HK$0.05 per share.
According to the announcement, profit growth was mainly due to significant improvements in business performance in Hong Kong and South China. Furthermore, based on the Group's profits in Hong Kong and South China, this year's results include a tax credit of HK$26.7 million resulting from confirming the carry-over of unused tax losses and deferred tax assets that were not used as tax credits.