Green economy (01315) announced that the group is expected to obtain the company's ownership by the year ending March 31, 2024...
According to the announcement released by Green Economy (01315), the group expects to achieve a comprehensive net profit of approximately HK$19.1 million attributable to owners of the company for the year ending March 31, 2024, compared to a comprehensive net loss of approximately HK$85.3 million attributable to owners of the company for the year ending March 31, 2023, before audit.
The board of directors believes that the increase in surplus is mainly due to an increase in gross profit of approximately HK$73.4 million and a decrease in expenses (sales expenses, administrative expenses, financing costs, and income tax expenses) of approximately HK$16.9 million, as well as no losses from discontinued operations of approximately HK$9.9 million.