Chevalier International Posts Net Loss in 2024

Chevalier International Holdings Limited (HK:0025) has released an update.

Chevalier International Holdings Limited reported a challenging fiscal year ending March 31, 2024, with a significant shift from a net profit of HK$292,655,000 in 2023 to a net loss of HK$322,764,000 in 2024. This downturn is reflected in the basic and diluted loss per share of HK$1.23, compared to an earnings per share of HK$0.85 the previous year. The company’s revenue did increase from HK$7,134,302,000 to HK$8,196,207,000, but this was offset by higher costs and net losses in other income categories.

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