Deli Machinery (02102) announced annual results, achieving revenue of approximately HK$279 million, a 2.7% year-on-year increase of final interest of HK1.5 cents per share

According to the Zhitong Finance App, Deli Machinery (02102) announced its annual results for the year ended July 31, 2024, with revenue of approximately HK$279 million, up 2.7% year on year; gross profit of HK$573.17 million, up 7.9% year on year; profit attributable to shareholders of HK$7.086 million, up 0.1% year on year; profit per share of 0.71 HK cents, and final dividend of HK1.5 cents per share.

According to the announcement, the increase in revenue was mainly due to the implementation of various development and engineering projects by the Hong Kong Special Administrative Region Government, which increased sales of heavy vehicles.