According to the Zhitong Finance App, Wanhua Media (00426) announced the results for the year ended March 31, 2024, with a turnover of HK$39.506 million, a year-on-year decrease of 4.03%; loss attributable to the company owner of HK$21.11 million, an increase of 13.53% over the previous year; and a loss of 5.2 HK cents per share.

According to reports, the increase in losses was mainly due to the increase in financial expenses of HK$1.791 million in this fiscal year and the failure to receive a government subsidy of HK$2.461 million.