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Subdued Growth No Barrier To Quali-Smart Holdings Limited (HKG:1348) With Shares Advancing 33%
Quali-Smart Holdings Schedules Crucial AGM
QUALI-SMART: 2024 Annual Report
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
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