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BLUE RIVER HLDG: 2024 ANNUAL REPORT
Hong Kong stock concept tracking | Red sea situation escalates again! Institutions: global marine transportation companies with European business will benefit significantly. (Attached with concept stocks)
Considering the current situation of long-term contract signing and the possibility of further tightening of marine transportation capacity, it is expected that global marine transportation companies with European business will significantly benefit and their performance is expected to improve in 2024.
Blue River Holdings Narrows Losses in Fiscal Year 2024
Blue River Hldg (00498) released its annual performance, with shareholders' net loss of 265 million Hong Kong dollars, a 56.2% decrease year-on-year.
Blue River Hldg (00498) released its annual results for the year ending March 31, 2024, with revenue of HKD 61.97 million, a year-on-year decrease of 19.6%; The company's owners' deficit was HKD 265 million, a year-on-year narrowing of 56.2%; the basic loss per share was 25.5 Hong Kong cents. The main reason for the decrease in revenue during the year was the decrease in sales of compressed natural gas due to the popularity of electric vehicles, and the stagnation of sales of liquefied petroleum gas due to the gradual phasing out of liquefied petroleum gas vehicles in Wuhan.
Express News | Corrected-Blue River Holdings FY Net Income HKD -265.3 Million (Corrects Amount)
Express News | Blue River Holdings FY Revenue HKD 62 Million
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