As of March 31, 2024, the group's revenue for the fiscal year decreased by approximately 17.5% year-on-year to approximately HKD 130 million. The financial performance for the fiscal year ended March 31, 2023, which had a surplus of approximately HKD 5.24 million as of March 31, 2024, turned into a loss of approximately HKD 14.328 million, with a loss per share of 1.23 Hong Kong cents.
The directors believe that the company's past success and future prospects depend on the experienced management team, whose experience and technical expertise in Hong Kong's video conferencing and multimedia audio-visual solution businesses are plentiful. The company's management team has solid technical knowledge, rich business experience, and keen business insights in the video conferencing and multimedia audio-visual solution industry, which enable the company to establish a wide range of customer base and develop strong professional technical capabilities in the industry. Looking to the future, the directors believe that the company will continue to benefit from the management team's good business judgment and management expertise to expand the company's business.