Thelloy Development Group's Fiscal 2024 Profit Falls on Lower Revenue

Thelloy Development Group's (HKG:1546) attributable profit fell to HK$8.3 million in the year ended March 31 from HK$12.7 million in the year-ago period, according to a Thursday filing with the Hong K

MT NewswiresJun 27 03:58 ET

TheLloy Dev (01546.HK): Annual net profit of HKD 8.3 million, a decrease of 34.6% year-on-year.

On June 27th, Groen Hui announced that for the fiscal year ending March 31, 2024, the group's total revenue was approximately HKD 258 million, a slight decrease of about 0.4% from the previous year. In this fiscal year, the company's profit attributable to owners was about HKD 8.3 million, a decrease of about 34.6% from the previous year, and a basic earnings per share of 1.03 HK cents. The group's revenue decreased by about 0.4% from the previous year. The decrease was mainly due to (i) an increase in revenue from building construction services to approximately HKD 189 million in this fiscal year, an increase of about 96.4%; (ii) design and construction.

Gelonghui FinanceJun 26 20:22 ET

Express News | Thelloy Development Group FY Pretax Profit HKD 8.8 Million

ReutersJun 26 20:19 ET

Express News | Thelloy Development Group FY Gross Profit HKD 30.2 Million

ReutersJun 26 20:19 ET

Express News | Thelloy Development Group FY Net Income Attributable HKD 8.3 Million

ReutersJun 26 20:18 ET

Express News | Thelloy Development Group FY Revenue HKD 258 Million

ReutersJun 26 20:18 ET