Mobicon Group Limited Reports Annual Decline

Mobicon Group Limited (HK:1213) has released an update.

Mobicon Group Limited has reported a decrease in annual revenue and profits for the fiscal year ending 31st March 2024, with net profit dropping to HK$1,751,000 from the previous year’s HK$5,269,000. The company also saw a loss per share of 2.45 HK cents, compared to a minor loss of 0.19 HK cents per share the year before. These results reflect a challenging year for the group, marked by lower sales and higher costs that have impacted the bottom line.

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