Jiatong Finance App News, Grand Ming (01271) reported its full-year performance for the fiscal year ending March 31, 2024. During the period, the Group earned a revenue of 533 million Hong Kong dollars, down 89.36% year-on-year; Shareholders' net profit was 298 million Hong Kong dollars, a year-on-year decrease of 76.6%; Basic earnings per share were 21.02 Hong Kong cents.

According to the announcement, comprehensive gross profit decreased by 91.5% to 168.6 million Hong Kong dollars (FY2022/23: 1.9878 billion Hong Kong dollars). This was mainly due to a significant reduction in the number of properties sold from property development projects during the year.