Energy International Reports Decreased Annual Profit

Energy International Investments Holdings Ltd (HK:0353) has released an update.

Energy International Investments Holdings Ltd reported a decrease in annual profit for the year ended March 31, 2024, with a consolidated profit of HK$95,237,000 compared to the previous year’s HK$126,263,000. Despite reduced revenue and a slight drop in gross profit, the company saw reductions in various expenses and a fair value gain on investment properties. Earnings per share for continuing operations fell to 5.56 HK cents from 12.46 HK cents the previous year.

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