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VICO INTL HLDGS: Annual Report 2023/2024
Global commodity inventory is in a state of emergency: inventory days of available commodities outside of China experienced the largest month-on-month decline in 31 months.
JPMorgan said that the main reason for this decline was due to the decrease in crude oil and refined product inventories. The global available days of oil and refined products in June decreased sharply by 2.5 days, the largest monthly decline in four years.
Vico International Holdings' Fiscal Year 2024 Profit Doubles; Shares Fall 13%
Vico International Holdings (HKG:1621) attributable profit doubled to HK$16.9 million, or HK$0.0169 per share, in the year ended March 31, from HK$8.8 million, or HK$0.0088 per share, in the previous
Vico Intl Hldgs (01621.HK) annual net profit increased by about 92.5% to HKD16.9 million.
Vico Intl Hldgs (01621.HK) announced on June 25th that for the fiscal year ending March 31, 2024, the company's revenue increased by approximately 56.8% to HKD 1,595,100,000. Net profit increased by approximately 92.5% from the previous year's HKD 8,800,000 to HKD 16,900,000 for that period. The Board of Directors does not recommend paying final dividends (2023: none). The increase in revenue was mainly due to an increase in oil sales during this period.
Express News | Vico International Holdings FY Revenue HKD 1,595.1 Million
Express News | Vico International Holdings FY Net Income HKD 16.9 Million
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