Eleganceoptical (00907) has released its annual results for the year ending on March 31, 2024, and the group earned a revenue of 239 million Hong Kong dollars, an increase of 10.53% year-on-year. The company's owner incurred a loss of 59.35 million Hong Kong dollars, a decrease of 23.3% year-on-year. Basic loss per share was 6.8 Hong Kong cents.
According to the announcement, Eleganceoptical (00907) has released its annual results for the year ending March 31, 2024, and the group earned a revenue of 23.98 million Hong Kong dollars, an increase of 10.53% year-on-year. The company's owner incurred a loss of 59.35 million Hong Kong dollars, a decrease of 23.3% year-on-year. Basic loss per share was 6.8 Hong Kong cents.
The company's operating business incurred a loss of 59.4 million Hong Kong dollars (2023: 36.8 million Hong Kong dollars). The expanded loss was due to impairment losses of prepaid amounts, deposits, and other receivables of 30 million Hong Kong dollars (2023: 16.1 million Hong Kong dollars) and a decrease in the fair value of investment properties of 9.6 million Hong Kong dollars (2023: 0.7 million Hong Kong dollars).