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TSE SUI LUEN: ANNUAL REPORT 2023/2024
Tse Sui Luen Jewellery's Loss Widens in Fiscal 2024
Tse Sui Luen (00417) released its annual performance report, with shareholders' net loss of 374 million Hong Kong dollars, a year-on-year expansion of 423.8%.
Tse Sui Luen (00417) released its annual results ending on March 31, 2024, with a turnover of HKD 2.655 billion...
Express News | Tse Sui Luen Jewellery (International) FY Revenue HKD 2,655 Million
TSE SUI LUEN: ANNOUNCEMENT OF FINAL RESULTS FOR THE YEAR ENDED 31 MARCH 2024
Tse Sui Luen (00417.HK): Expected annual loss of HKD 370 million to HKD 380 million.
On June 24th, Glory Hui announced that, in light of the warning issued by the company on March 15, 2024, the Board of Directors hereby provides updated information to shareholders and interested investors. Adjusted for the impairment of retail-related assets and other assets of not less than HKD 130 million and inventory provisions, based on the board of directors' review, the company's auditor's audit work completed as of today and other available information, the group is expected to record a loss of HKD 370 million to HKD 380 million for the year-ended March 31, 2024, attributable to the owners of the company.
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