Great Harvest Holdings (03683) has announced audited annual results for the year ended March 31, 2024, with revenue of 13 million...
According to the announcement, the revenue of Great Harvest Holdings (03683) audited for the full year ended March 31, 2024 decreased by 26.2% YoY to 13.5 million US dollars. The loss attributable to owners of the company decreased by 58.31% to 7.126 million US dollars YoY, with basic loss per share of 0.75 US cents.
The decrease in revenue was due to the decline in the average daily rental income of the group's fleet and the sale of the ship GH Harmony in January 2024. After the sale, the group has three remaining ships in its fleet. The average daily rental income of the group's fleet decreased from approximately $13,160 for the year ended March 31, 2023 to approximately $10,269 for the year ended March 31, 2024.