According to the Zhitong Finance App, Minghui International (03828) announced the results for the year ended December 31, 2023. Group revenue was HK$2,067 billion, up 15.3% year on year; profit attributable to shareholders was HK$104 million, up 37.97% year on year; profit per share was 14.4 HK cents; and proposed final dividend of HK5 cents per share.
The announcement said that looking back at 2023, the global economy is facing challenges and opportunities in a highly volatile global market. Central banks in many countries continue to raise interest rates, but it is difficult to contain the overall level of inflation. Geopolitical issues continue to fester, and the unanticipated implementation of monetary austerity policies further hindered the recovery of the global economy. In the face of ongoing global economic pressure, consumers tend to be conservative in dealing with uncertainty, leading to weak market demand and a challenging business environment. However, the resumption of operations of global logistics and transportation networks and the gradual reopening of borders in the post-pandemic era have accelerated the recovery of the international tourism industry and boosted the overall positive development of the tourism industry. This favorable trend has led to an increase in the Group's operating performance.