Blue River Holdings Limits Annual Losses

Blue River Holdings Limited (HK:0498) has released an update.

Blue River Holdings Limited has reported its audited consolidated financial results for the year ended 31 March 2024, reflecting a substantial reduction in annual loss from HK$709,005,000 to HK$263,310,000. Despite a decrease in sales and service income, the company benefited from a significant gain on disposal of subsidiaries. The results indicate an improved financial position with a gross profit of HK$23,784,000 compared to the previous year.

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