Dimmi Life Holdings Faces Rising Losses Despite Revenue Growth

Dimmi Life Holdings Limited (HK:1667) has released an update.

Dimmi Life Holdings Limited reported an 11.2% revenue increase to HK$121.5 million for the fiscal year ending 31 March 2024, compared to the previous year. However, the company also experienced a significant rise in losses, with a reported HK$90.4 million loss attributable to its owners, a substantial increase from the HK$26.6 million loss in the prior year. The increase in losses was due to higher selling, marketing, and administrative expenses.

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