Digital China Group Holdings Limited ("the Company") announces its annual performance for the year ended March 31, 2024. The total revenue for this year was approximately HKD 628.1 million, a decrease of approximately HKD 124.4 million or 16.5% compared to the previous year. The loss for the year was approximately HKD 15 million, while a net profit of approximately HKD 43.7 million was recorded in the previous year. The basic loss per share was HKD 0.024, while the basic earnings per share for the previous year were HKD 0.775. The decrease in revenue was mainly due to a reduction in the revenue of the distribution business and system integration solutions business. The Group's business operations are located in Hong Kong, China (excluding Hong Kong and Macau) and Macau...Show More

Digital China Group Holdings Limited ("the Company") announces its annual performance for the year ended March 31, 2024. The total revenue for this year was approximately HKD 628.1 million, a decrease of approximately HKD 124.4 million or 16.5% compared to the previous year. The loss for the year was approximately HKD 15 million, while a net profit of approximately HKD 43.7 million was recorded in the previous year. The basic loss per share was HKD 0.024, while the basic earnings per share for the previous year were HKD 0.775. The decrease in revenue was mainly due to a reduction in the revenue of the distribution business and system integration solutions business. The Group's business operations are located in Hong Kong, China (excluding Hong Kong and Macau) and Macau, and it is expected that the information technology industry will maintain positive long-term development. The company was registered and established in the Cayman Islands on July 24, 2020 and listed on the Main Board of The Stock Exchange of Hong Kong Limited. The Company is an investment holding company and has adopted the new and revised Hong Kong Financial Reporting Standards. The Company will hold its annual shareholders' meeting on August 19, 2024.