Pico Far East Group Co., Ltd. (stock code: seven hundred and fifty-two. HK) announces its two thousand twenty-four annual performance, with the group achieving a historic high and demonstrating growth resilience against the market. Financial summary: Revenue recorded HKD six.three hundred and twenty-seven billion, an increase of eighteen.eight%, and gross profit recorded HKD one.nine thousand four hundred and twenty-one billion, an increase of twenty-two.one%; The gross profit margin reached thirty.seven%, and the profit attributable to the company's shareholders was HKD three hundred and fifty-seven.six million, an increase of fifty-six.eight%. It is recommended to distribute a final dividend of HKD seven.five and a special dividend of HKD three.five; Annual dividend of sixteen.five Hong Kong cents; The dividend payout ratio is fifty-seven.two%, and the basic earnings per share are twenty-eight.eighty-four Hong Kong cents; (January twenty-four, two thousand twenty-five, Hong Kong) Global brand activation enterprise, Pico Far East Group Limited ("Pico", "Company" or "Group", stock code: seven hundred and fifty-two. HK), announced its annual results for the year ended October thirty-one, two thousand twenty-four.; Looking back at the fiscal year, the group recorded a total revenue of HKD six.three hundred and twenty-seven billion (two thousand twenty-three: HKD five.three hundred and twenty-eight billion), an increase of eighteen.eight% compared to the same period last year.; The profit before revaluation changes in interest, taxes, depreciation, amortization, and contingent liabilities ("EBITDA") was HKD five hundred and sixty-four.four million (two thousand twenty-three: HKD four hundred and thirty-seven.four million), an increase of twenty-nine.zero% compared to the same period last year.; The core operating profit was HKD four hundred and ninety-nine.four million (two thousand twenty-three: HKD three hundred and sixty million), an increase of thirty-eight.seven% compared to the same period last year.; The profit attributable to shareholders of the company was HKD three hundred and fifty-seven.six million (two thousand twenty-three: HKD two hundred and
twenty-eight.one million), an increase of fifty-six.eight% compared to the same period last year.; The board of directors recommends the payment of a final dividend ("Final Dividend") of HKD seven.five per ordinary share (two thousand twenty-three: Final Dividend of HKD seven.zero) and a special dividend ("Special Dividend", together with the Final Dividend, collectively referred to as the "Dividend") of HKD three.five per ordinary share (two thousand twenty-three: No Special Dividend). Along with the interim dividend of five.five Hong Kong cents per ordinary share (two thousand twenty-three: two.zero Hong Kong cents), the total dividend for the year ended October thirty-one, two thousand twenty-four was sixteen.five Hong Kong cents per ordinary share (two thousand twenty-three: nine.zero Hong Kong cents).; As of October thirty-one, two thousand twenty-four, the group employed approximately two thousand seven hundred full-time employees and had business units in thirty-six cities across twenty-two countries worldwide. Pico is a comprehensive brand activation agency that creates an integrated brand experience for global customer marketing activities through content, community, creativity, and data strategies.; Over the past year, the global market has demonstrated outstanding resilience. However, the business environment in which Pico operates remains extremely complex, and overall, the increasingly tense geopolitical situation is testing the group's resilience as a global enterprise and existing growth strategies. The geopolitical conflicts in Europe and the Middle East, coupled with the escalating trade tensions between China and the United States, have led to a decline in global trade cooperation, resulting in a shift towards geopolitical alliance trade. With the contraction of Sino US trade, the Middle East region and countries such as South Korea, Thailand, and Vietnam have become the main beneficiaries. Therefore, the business volume of multiple regional offices of the group has also increased, especially in Southeast Asia and the Middle East. in addition