Ling Yui Holdings Reports Remarkable Turnaround

Ling Yui Holdings Limited (HK:0784) has released an update.

Ling Yui Holdings Limited has reported a significant turnaround in their annual results for the fiscal year ended March 31, 2024, with revenue declining by 18.8% but shifting from a gross loss to a gross profit margin of 14.8%. The company has moved from a substantial loss to a modest profit of HK$0.7 million, marking a notable recovery despite the drop in revenue. No final dividend was recommended for the year.

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