Coolpoint Inno (08040) announced its annual performance results ending on March 31, 2024, with a revenue of HKD 346 million, ...
According to the report of Kuaiyi Intelligence (08040) until the fiscal year ended on March 31, 2024, its revenue was HKD 346 million, a year-on-year growth of 32.7%, and the loss attributable to owners was HKD 14.545 million, compared to a profit of HKD 1.188 million in the same period of the previous year. The basic loss per share was HKD 0.0428.
The overall gross margin decreased by about 44.7% year-on-year to approximately HKD 12 million in this fiscal year, mainly due to a decrease of HKD 8.2 million and HKD 1.2 million in the gross margin of renovation projects and decoration projects, respectively. The decrease in gross margin of decoration projects is mainly due to the lower gross margin of some large-scale decoration projects undertaken in this fiscal year. The decrease in gross margin of renovation projects is mainly due to the cost overrun of some large-scale renovation projects in this fiscal year.