According to the Zhiliao Finance App, NPE Holdings (02326) has released its annual results for the year ending March 31, 2024. During this period, the group's revenue decreased by 54.23% to HKD 864 million; the shareholders had a loss of HKD 30.782 million, compared with a profit of HKD 1.842 million in the same period last year, turning from profit to loss; the basic earnings per share were a loss of 0.146 Hong Kong cents.

The announcement stated that the group's profit decrease was mainly due to the increase in bad debt reserve for trade receivables. The group has been taking tightening measures to control operating costs and capital expenditures in order to have sufficient resources and capital reserves.