Reliance Global Reports Yearly Financial Decline

Reliance Global Holdings Limited (HK:0723) has released an update.

Reliance Global Holdings Limited reported a consolidated loss for the fiscal year ended March 31, 2024, with a year-over-year decline in revenue from HK$509,326,000 to HK$305,613,000. The company experienced a net loss of HK$9,669,000, which was a steeper decline compared to the previous year’s loss of HK$5,680,000. These financial results reflect challenges in operations, as indicated by operational losses and comprehensive expenses for the year.

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