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Pioneer Global Reports Turn to Fiscal Year Loss

Pioneer Global Reports Turn to Fiscal Year Loss

Pioneer Global Group Limited (HK:0224) has released an update.

Pioneer Global Group Limited reported a shift from a profit of HK$64,395,000 in 2023 to a loss of HK$49,566,000 for the fiscal year ended 31 March 2024. This change was marked by a decrease in operating profit and a notable shift in the share of results of associates and fair value changes in investment properties and equity instruments. The loss per share for the company was HK$4.87, contrasting with the earnings per share of HK$5.18 in the previous year.

For further insights into HK:0224 stock, check out TipRanks’ Stock Analysis page.

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