Summary by Moomoo AI
As of September 30, 2024, Still Hope Group announced its mid-term results for the 2024/25 fiscal year, with revenue reaching approximately 0.249 billion Hong Kong dollars, a year-on-year increase of 22.7%. However, the net loss expanded to around 18.13 million Hong Kong dollars, an increase compared to a loss of 11.68 million Hong Kong dollars in the same period last year. The loss per share was 3.66 Hong Kong cents, compared to 2.20 Hong Kong cents in the same period last year.\nManagement pointed out that the revenue growth mainly came from the expansion of the core business and increased market demand. However, due to rising costs and intensified market competition, the gross margin declined, affecting overall profitability. The company is taking measures to optimize its...Show More