CEC Int'l Hold Limited (the "Company") announced its annual results for the year ended April 30, 2024, which showed that the company's revenue fell from HKD1,692,403,000 in the previous year to HKD1,469,606,000, and gross margin also fell from HKD643,697,000 to HKD579,388,000. The company did not receive government subsidies under the "Employment Support Scheme" this year, and incurred additional expenses due to the closure of its subsidiary in Singapore and the provision for impairment of investment properties. As a result, the company recorded a net loss of approximately HKD29,812,000 for the full year, compared to a profit of HKD49,565,000 in the same period last year. Retail trade revenue declined, but gross margin slightly increased. The electronic component manufacturing business also recorded a widening loss, while the investment property recorded a loss due to market adjustments. The company will continue to operate prudently and seek growth opportunities in adversity.

CEC Int'l Hold Limited (the "Company") announced its annual results for the year ended April 30, 2024, which showed that the company's revenue fell from HKD1,692,403,000 in the previous year to HKD1,469,606,000, and gross margin also fell from HKD643,697,000 to HKD579,388,000. The company did not receive government subsidies under the "Employment Support Scheme" this year, and incurred additional expenses due to the closure of its subsidiary in Singapore and the provision for impairment of investment properties. As a result, the company recorded a net loss of approximately HKD29,812,000 for the full year, compared to a profit of HKD49,565,000 in the same period last year. Retail trade revenue declined, but gross margin slightly increased. The electronic component manufacturing business also recorded a widening loss, while the investment property recorded a loss due to market adjustments. The company will continue to operate prudently and seek growth opportunities in adversity.