Baguio announces 2020 Annual Results, achieved annual results turnaround
30 Mar 2021Baguio (1397.HK) is pleased to announce its annual results for the year 2020. The Group's revenue was approximately HK$1,131.8 million, a decrease of approximately 19.0% as compared with last year. The Group successfully achieved turnaround with profit attributable to shareholders reached approximately HK$51.4 million. Gross profit margin increased from 5.0% to approximately 5.6% amid fierce market competition. The Board recommended a final dividend of HK3.6 cents per share.
For more details of the Group's 2020 annual results announcement, please click here.