HSC Resources Group Records Lower Profit in Fiscal 2024

MT Newswires Live08-01

HSC Resources Group's (HKG:1850) profit attributable to owners for the year ended April 30 came in at HK$2.9 million, lower than HK$7.1 million logged in the previous fiscal year, a Wednesday filing with the Hong Kong Exchange said.

The fire-safety system developer company saw earnings per share of HK$0.02 for the year compared to HK$0.16 per share from a year ago.

The company's revenue was noted at HK$394.5 million, 42.1% higher than the HK$277.7 million recorded last year, attributed to an increase in income from installation services.

The company's shares were down nearly 2% on Thursday's close.

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