Shougang Century Holdings Limited - Investor Relations

	2022	2021	Change


Revenue from continuing operations (HK$’000)	2,464,242	2,694,810	-8.6%
Gross profit from continuing operations (HK$’000)	330,540	414,547	-20.3%
Profit for the year (HK$’000)	47,858	80,879	-40.8%
Total equity(HK$’000)	1,657,743	1,732,946	-4.3%
Gearing ratio (Note)	21.8%	24.1%	-2.3pp

The Board has proposed a final dividend of HK0.73 cent per Share in respect of the financial year ended 31 December 2022 (subject to Shareholders’ approval at the forthcoming annual general meeting).

Note:

Gearing ratio represented total interest bearing borrowings less bank balances and cash (including pledged bank deposits) divided by total equity.