FilingReader Intelligence

Smart-Core Holdings net profit up despite revenue dip in 2024

April 17, 2025 at 05:13 PM UTCBy FilingReader AI

Smart-Core Holdings (HKEX:2166) reported a net profit of HKD 101.1 million for the year ended December 31, 2024, a 9.3% increase year-over-year despite a decrease in revenue from HKD 5.67 billion to HKD 4.65 billion. The company attributed the improved profitability to reduced administrative and selling expenses, as well as decreased finance costs. Basic earnings per share increased to 21.41 HK cents.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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