Summary by Moomoo AI
GLOBALSTRAT announced its annual results for the year ending September 30, 2024. The group recorded revenues of approximately 0.221 billion HKD, an increase of 33.2% compared to last year; gross profit of approximately 43.16 million HKD, an increase of 58.3% compared to last year; however, there was a net loss of approximately 10.77 million HKD, while last year recorded a net profit of approximately 13.69 million HKD. The shift from profit to loss was mainly due to an increase in sales and distribution costs of about 4 million HKD, and this year there was no reversal of impairment losses on property, plant and equipment, and intangible assets recorded.The Henry Hub Natural Gas Business revenue surged, with sales rising from approximately 0.15 billion HKD last year to about 0.205 billion HKD...Show More
