According to the annual performance report ending on March 31, 2024, Sun Kong Hldgs (08631) earned HKD69.032 million, a YoY growth of 1.9%, and suffered a net loss of HKD10.662 million, narrowing by 11.6%, with a basic loss per share of HKD0.2666.
The group's gross margin increased from 4.8% in the annual year ending on March 31, 2023 to 7.9% in the annual year ending on March 31, 2024, due to increased sales of diesel to high-profit-building customers and reduced salaries of diesel storage tank drivers.