Summary by Futu AI
Hang Yick Holdings Limited had a profit of HK$157,197,000 for the year ended March 31, 2024, a decrease from HK$184,904,000 in the previous year. The company had a loss before tax of HK$4,444,000, compared to a profit of HK$2,920,000 in the previous year. Income tax credit was HK$326,000, while the previous year had an expense of HK$1,162,000. The loss from continuing operations for the year was HK$4,118,000, compared to a profit of HK$1,758,000 in the previous year. The company had total assets of HK$188,391,000 and total liabilities of HK$28,422,000 at the end of the reporting period, with net assets of HK$159,969,000. Hang Yick Holdings completed a share placement after the reporting period, issuing 153,520,000 new shares at a placement price of HK$0.054 per share.