Summary by Moomoo AI
K.H. GP HLDGS LTD. (the "Company") announces the full-year results for the year ended March 31, 2024. The Group recorded revenue of approximately HK$175,174,000 for the fiscal year, a decrease of 28.6% from the previous year. Gross loss was approximately HK$31,039,000, and gross loss margin increased from 11.8% in the previous year to 17.7%. Loss for the year was approximately HK$51,560,000, a decrease of 30.4% from the previous year. The challenges facing the Group include a shortage of construction industry labor supply, potential adjustments in the local housing market, and a slowdown in the global economy. Nevertheless, the board of directors maintains a cautious and optimistic outlook on the prospects of Hong Kong's foundation industry and will continue to prudently expand its core...Show More