Telecom Digital’s Annual Profits Decline

Telecom Digital Holdings Ltd (HK:6033) has released an update.

Telecom Digital Holdings Limited has reported a decline in its annual profits for the fiscal year ended 31 March 2024, with a recorded profit of HK$56.379 million compared to the previous year’s HK$75.580 million. Despite the drop in profits, the company still managed to generate revenue amounting to HK$1.373 billion, although this was lower than the prior year’s HK$1.535 billion. This financial performance reflects changes in revenue, cost management, and various other factors impacting the company’s profitability.

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