ETS GROUP released its 2024 annual performance, with a net profit of HKD 17.509 million

According to the Zhitong Finance APP, ETS GROUP released its annual performance for the year ending December 31, 2024, with revenue from continuing operations of HKD 80.726 million, a year-on-year increase of 4.7%; net profit of HKD 17.509 million, compared to a loss of HKD 7.922 million in the same period last year; basic earnings per share of HKD 0.059. The profit during the period was mainly due to the gains from the sale of GCL and VAX, as well as the reversal of expected credit losses

According to the Zhitong Finance APP, ETS GROUP (08031) announced its annual results for the year ending December 31, 2024, with revenue from continuing operations of HKD 80.726 million, a year-on-year increase of 4.7%; net profit of HKD 17.509 million, compared to a loss of HKD 7.922 million in the same period last year; basic earnings per share of HKD 0.059.

The profit during the period was mainly due to the gains from the sale of GCL and VAX, as well as the reversal of expected credit losses