Zhixin Finance and Economics APP News, Digital China Group (02350) released its annual results for the year ending March 31, 2024. The group earned HKD 628 million, a 16.54% decrease year-on-year; a loss of HKD 14.973 million for the year, while it gained HKD 43.737 million in profit during the same period last year; loss per share was HKD 0.024.

The announcement stated that the decrease in revenue was due to increased market competition in the content delivery network authorization of the company's distribution business, as well as the cumulative impact of reduced demand for the company's system integration solution business due to weak economic conditions.