AMUSE GROUP: ANNUAL REPORT 2024

Hong Kong Stock ExchangeJun 28 08:56 ET · Announcements

Amuse Group (08545) has released its annual performance report, with a net income of 486,000 Hong Kong dollars, a 91.6% decrease year-on-year.

Amuse Group (08545) announced its annual results as of March 31, 2024, with a revenue of HKD 219 million...

Zhitong FinanceJun 27 10:45 ET

AMUSE GROUP: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 MARCH 2024

Hong Kong Stock ExchangeJun 27 10:42 ET · Announcements

Amuse Group (08545) issued a profit warning, with expected annual shareholder attributable net profit not exceeding HKD 1 million.

Bloomberg Finance APP reported that Amuse Group (08545) announced that it is expected to obtain a profit attributable to the company's owners of no more than 1 million Hong Kong dollars as of the end of the year on March 31, 2024, while a profit of about 5.7 million Hong Kong dollars was obtained before the end of the year on March 31, 2023. The board of directors believes that the decrease in profits for this year is mainly due to the (i) revenue decreasing by about 7.1% from about HK$236 million last year to about HK$219 million this year. The decrease in revenue is mainly due to the sharp decline in ODM toy sales, while on the other hand, the gross margin decreased by about 10.8% from about 19.4% last year to this year.

Zhitong FinanceJun 25 10:38 ET

Express News | Amuse Group Sees Revenue of HK$219.2 Mln for Year

ReutersJun 25 10:38 ET

Express News | Amuse Group Sees Profit of Not More Than HK$1.0 Mln for Year

ReutersJun 25 10:37 ET