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MOS House Group Announces Profit Growth

MOS House Group Announces Profit Growth

MOS House Group Limited (HK:1653) has released an update.

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MOS House Group Limited reported an increase in its annual profit for the year ended March 31, 2024, with the profit and total comprehensive income rising to HK$2,163,000 from HK$1,412,000 in the previous year. Despite a decrease in revenue from HK$153,945,000 to HK$122,577,000, the company successfully reduced costs in several areas, including inventories sold and staff costs, contributing to the improved bottom line. Basic and diluted earnings per share also saw an uptick from 0.59 HK cents to 0.87 HK cents, signaling a positive outcome for shareholders.

For further insights into HK:1653 stock, check out TipRanks’ Stock Analysis page.

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