According to the announcement, the decline in revenue was mainly due to the fact that the group did not engage in natural resources and commodity trading business in 2024, as the macro environment of buying and selling natural resources may be affected by potential global issues and potential war crises, thus it was not a good time to engage in this business. The increase in losses was mainly due to the increase in impairment losses on financial assets, with a provision of approximately 3.8 million Hong Kong dollars.

The intelligent finance news app announced that the annual revenue of Wealth Glory Holdings (08269) for the fiscal year ending March 31, 2024 was HKD 32,265,000, a decrease of 33.03% YoY. The loss attributable to owners of the company was HKD 30,704,000, an increase of 20.35% YoY, with a loss per share of 3.45 Hong Kong cents.