Delin International (01126) rose more than 8% and rose 8.8% at press time to report HK$4.7 million, with a turnover of HK$3.71 million.
The Zhitong Finance App learned that Delin International (01126) rose by more than 8% and rose 8.8% at press time to report HK$4.7 million, with a turnover of HK$3.71 million.
According to the news, the company announced its annual results for the year ended December 31, 2023. The group obtained revenue of HK$5.352 billion during the period, a year-on-year decrease of 14.4%; profit attributable to shareholders of HK$830 million, an increase of 20.78% over the previous year; basic profit per share of HK$122.6 cents; and the proposed final dividend of HK35 cents per share.
According to the announcement, the plush toy division remains the Group's growth engine. Despite the unfavorable economic environment, its sales increased 19.6% to HK$2,737 billion (2022: HK$2,288 billion), accounting for 51.1% of the Group's total revenue. This increase was mainly due to strong orders from theme parks, which was due to the Group's long-term partnerships with character owners and licensees. During the year, the Group took a number of measures to attract orders and strive to maintain a reasonable usage rate. For example, actively seek additional orders from existing customers by offering competitive prices. At the same time, the Group is also exploring new opportunities and receiving positive responses from new customers.