CA Cultural Sees Revenue Rise and Losses Shrink

CA Cultural Technology Group Ltd. (HK:1566) has released an update.

CA Cultural Technology Group Ltd. has reported a marginal revenue increase of 1.0% for the fiscal year ending March 31, 2024, with revenues reaching HK$364 million, up from HK$360.3 million the previous year. Gross profit surged by 178.4%, achieving a figure of HK$55.4 million, while the company significantly reduced its annual loss to HK$170.7 million, an 83.5% improvement over the prior year’s HK$1.033 billion loss.

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