03 July 2024

Despite a relatively uncertain international macroeconomic landscape and the on-going geopolitical turmoil since last year which in turn hampered domestic and export growth, L.K Tech still managed to maintain a stable performance.  L.K. Tech’s FY24 (Year ended Mar) revenue amounted to HK$5.8bn, representing a marginal YoY decrease of 1.0%. Net profit declined by 2.7% YoY to HK$517.7m. GPM remained stable at the level of 27.2% in FY24.

Crosby Research – L.K. Technology (558 HK): FY24 results showed resilience