Tse Sui Luen Jewellery Reports Significant Loss

Tse Sui Luen Jewellery (International) Ltd (HK:0417) has released an update.

Tse Sui Luen Jewellery (International) Limited has reported a significant loss for the fiscal year ended March 31, 2024, with a turnover slightly increasing from HK$2,590,936,000 in 2023 to HK$2,654,627,000 in 2024. The loss from operations swung from a profit of HK$22,198,000 in 2023 to a loss of HK$256,929,000 in 2024, and the loss attributable to company owners worsened from HK$71,435,000 to HK$374,198,000. This downturn is reflected in the basic loss per share, which increased from 28.7 HK cents to 150.2 HK cents, and a decrease in total equity attributable to owners from HK$894,058,000 to HK$553,725,000.

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