Most Kwai Chung (01716) has released its annual results for the year ending on March 31, 2024, with a revenue of 50 million Hong Kong dollars...
According to the announcement of the Smart Finance APP, Most Kwai Chung (01716) has released its annual results for the year ending on March 31, 2024, with a revenue of 55.195 million Hong Kong dollars, a year-on-year increase of 39.41%; shareholders' losses amounted to 9.215 million Hong Kong dollars, a year-on-year shrinkage of 54.8%; and the basic loss per share was 3.41 Hong Kong cents.
According to the announcement, revenue from digital media services increased from approximately HKD 36 million for the year ending March 31, 2023 to approximately HKD 48.4 million for this year, an increase of approximately 34%. During this fiscal year, the increase of revenue from digital media services and the reduction of branch losses before income tax was mainly due to the increase in the number of customers and their marketing expenses. The group will continue to seize more market opportunities for digital media services.