Msctech (01632) released its annual performance report ending on March 31, 2024, with earnings of the group decreasing from HKD 106.6 million for the year ended March 31, 2023, to HKD 10.2 million for the year ended March 31, 2024. The decrease was mainly due to the decrease in revenue from the information technology solutions business as of March 31, 2024, and the sale of Vietnamese restaurant business in April 2023.
According to the app of Zhixun Finance, Msctech (01632) released its annual performance report as of March 31, 2024. The earnings of the group reduced by about HKD 96.4 million from HKD 1.066 billion for the year ended March 31, 2023, to HKD 10.2 million for the year ended March 31, 2024, mainly because the revenue of the information technology solution business as of March 31, 2024, decreased and the Vietnamese restaurant business was sold in April 2023.
The company's shareholders' share of the loss for the year ended March 31, 2024, was about HKD 35.8 million, while the company's shareholders' share of the loss for the year ended March 31, 2023, was about HKD 1.4 million.