According to the Zhitong Finance App, Slam Group (03390) announced its 2023 results, with revenue of HK$1,198.6 million, up 1.1% year on year; profit attributable to the company's equity holders was HK$297 million, up 579.59% year on year; profit per share was 38 HK cents, with a proposed final dividend of HK3.5 cents per share.
According to reports, the Group's revenue has grown steadily and continues to generate profits, mainly due to the Group's continuous optimization of its product portfolio, opening up new markets in Southeast Asia, upgrading its own brands, and developing more new products of its own, bringing growth to overall revenue and gross profit. In addition, the sale of 51% of the interests of the then subsidiary in the current fiscal year also brought in HK$187 million (FY2022: none).