Safety Godown Reports Annual Financial Losses

Safety Godown Co., Ltd. (HK:0237) has released an update.

Safety Godown Company, Limited reported a loss for the fiscal year ended March 31, 2024, citing a loss before taxation of HK$109,770,000 and a net loss attributable to company owners of HK$122,649,000. Despite the losses, the company saw a slight increase in revenue from HK$147,353,000 in 2023 to HK$177,192,000 in 2024. The losses were partially offset by a revaluation surplus on the transfer of properties, leading to a total comprehensive income of HK$906,000 for the year.

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