CRMI (08158) announced its mid-term performance for 2024, with a profit of HKD 59.785 million, a decrease of...
According to the Smart Finance app, CRMI (08158) announced its mid-term performance for 2024, with a profit of HKD 59.785 million, a decrease of 19.44% year-on-year; a net profit of HKD 16.828 million, an increase of 31.86% year-on-year; earnings per share of HKD 5.53 cents.
According to the announcement, the overall decrease in revenue is mainly due to retaliatory consumption by mainland Chinese customers after the lifting of epidemic prevention measures in 2023, which is not the case in 2024.