i-Control Holdings Posts Loss in Fiscal Year 2024
Company Announcements

i-Control Holdings Posts Loss in Fiscal Year 2024

i-Control Holdings Limited (HK:1402) has released an update.

i-Control Holdings Limited reported a challenging financial year ending 31 March 2024, with a significant shift from a profit of HK$5,240,000 in 2023 to a loss of HK$14,328,000. The company’s revenue declined from HK$157,844,000 to HK$130,181,000, alongside a total comprehensive loss of HK$22,023,000, reflecting a downturn in both the market and the firm’s performance. Basic and diluted loss per share stood at HK$1.23 cents, a stark contrast to the previous year’s earnings of HK$0.55 cents per share.

For further insights into HK:1402 stock, check out TipRanks’ Stock Analysis page.

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