Ling Yui Holdings (00784) announced the full-year performance for the year ending March 31, 2024, with revenue of approximately HKD 194 million. The income decreased by approximately 18.8% YoY. The profit attributable to owners of the company was HKD 655,000, while the net loss for the same period in 2023 was HKD 30.039 million. Basic earnings per share were approximately HKD 0.08. The decrease in revenue was due to choosing customers with good performance records of receivables settlement to improve the group's credit control in response to the challenging business environment.
Ling Yui Holdings (00784) announced the full-year performance for the year ending March 31, 2024, with revenue of approximately HKD 194 million, a decrease of about 18.8% YoY. The profit attributable to owners of the company was HKD 655,000, while the net loss for the same period in 2023 was HKD 30.039 million. Basic earnings per share were about HKD 0.08.
The announcement stated that the decrease in revenue was due to selecting customers with good performance records of receivables settlement to improve the group's credit control in response to the challenging business environment.