Pioneer Global (00224) announced the performance for the fiscal year ended March 31, 2024, with revenue of about HKD 249 million...
According to the announcement made by Pioneer Global (00224) on its fiscal year ended March 31, 2024, the revenue was approximately HKD 249 million, an increase of 4.7% year-on-year; the company's shareholders recorded a loss of HKD 56.169 million, compared to a profit of HKD 59.835 million for the same period in 2023; the loss per share was HKD 0.0487.
The announcement stated that the revenue growth is due to the increased rental income from some investment properties (increased rental income from Pioneer Plaza and the Western Club Building, slight decrease in rental income from No. 68 Yee Wo Street Property), increased property management fees and interest income resulting from the increase of bank deposit interest rates.
