According to the announcement of Asia Express Logistics (08620), the annual performance as of March 31, 2024 achieved a revenue of HKD 356 million, up 8.7% compared YoY, and the net loss amounted to HKD 4.457 million, down 77.9% YoY. The basic loss per share is HKD 0.85.

The increase in overall revenue during this period is mainly due to the increase in revenue generated by providing additional warehouse handling services to one of the company's top five customers and the revenue generated by two newly established warehouses in Tuen Mun, Hong Kong and Shantou, China (both starting operation in this fiscal year). By providing warehouse handling services and a series of value-added services, the company achieved moderate revenue growth in this fiscal year.