According to the Zhitong Finance APP, elife hldgs (00223) rose at the end of the day and closed at HKD 0.35, up 12.9%, with a turnover of HKD 3.2654 million.

On the news front, elife hldgs released its annual results for the year ending March 31, 2024, with revenue of HKD 184 million and a gross margin of HKD 31.86 million, a year-on-year increase of 1606.5%. The Group's revenue comes from the supply chain business unit, daily cleaning, epidemic prevention and consumables business unit, and franchise consumer products business unit.

It is worth noting that since elife hldgs began its brand transformation in 2023, its brand communication business has grown rapidly, generating revenue of approximately HKD 122 million during the year. As of March 31, 2024, the company had signed contracts worth approximately HKD 307 million for brand communication services, with a gross margin of 23% and brand communication services accounting for 66.3% of the company's revenue, becoming the main growth engine for the company's development.