On June 27th, Gloen News reported that Starlite Hold (00403.HK) announced that the group's revenue for the fiscal year ending March 31, 2024 is approximately HK$835 million, a decrease of 9.6% from the previous year. The group recorded a surplus of approximately HK$17 million in the year, while it recorded a surplus of approximately HK$5 million in the same period last year.
Based on the gradual easing of inflationary pressures, the prices of major raw materials have fallen back, and the effective implementation of numerous cost optimization measures and the depreciation of the renminbi have led to exchange gains, enabling the group to maintain its core profit level during the period.
