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Quali-Smart Logs Loss in Fiscal Year 2024
Quali-Smart (01348) announced its annual performance, with a net loss of HKD 73.941 million attributable to shareholders, an increase of 2.24% YoY.
Quali-smart (01348) announced its annual performance for the fiscal year ending March 31, 2024, with total revenue of approximately HKD 177.3 million, a decrease of approximately 48.1% year-on-year; gross profit is approximately HKD 28 million, a decrease of approximately 37.7% year-on-year; company's net loss attributable to shareholders increased by HKD 73.941 million, a year-on-year increase of 2.24%, with a loss per share of 5.02 Hong Kong cents. The announcement stated that the main reason for the increased net loss was due to a decrease in gross profit; as part of the payment for the convertible bonds issued in May 2020, interest expenses on acceptance bills issued in May 2023 increased from the previous year.
Express News | Quali-Smart Holdings FY Gross Profit HKD 28 Million
Express News | Quali-Smart Holdings FY Net Income HKD -74 Million
QUALI-SMART: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2024
Quali-smart (01348.HK) will hold a board of directors meeting on June 24th to approve annual performance.
Quali-smart (01348.HK) announced on June 12th that the board of directors of the company will hold a meeting on June 24th, 2024 to approve the audited annual performance of the company and its subsidiaries for the year ending March 31st, 2024, and to consider the distribution of final dividends (if any).
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