AV CONCEPT HOLD (00595) released its annual report for the year ending March 31, 2024...
AV CONCEPT HOLD (00595) released its full-year performance for the year ending March 31, 2024. The group achieved a revenue of HKD 984 million, a YoY increase of 49.13%. Owners of the company enjoyed a net profit of HKD 109 million, a YoY increase of 168.1%. The earnings per share were HKD 0.1201, and the end-of-period dividend per share was HKD 0.02.
The group demonstrated strong strategic capabilities in the face of challenges. The group's revenue was HKD 978.6 million, an increase of 51.5% over the previous year (HKD 646.1 million in 2023). Among them, the semiconductor distribution business generated revenue of HKD 937.3 million (HKD 634.3 million in 2023). The consumer product and procurement business achieved revenue of HKD 46.7 million (HKD 24.7 million in 2023). The venture capital business suffered a loss of HKD 5.7 million (HKD 13.9 million in 2023). Finally, the internet plus-related social media business achieved revenue of HKD 0.3 million (HKD 1 million in 2023).
