Summary by Moomoo AI
COMBA announced its financial results for the fiscal year ending 2024, with revenue decreasing by 24.3% year-on-year to 4.53 billion Hong Kong dollars, and the gross margin declining from 27.8% in the same period last year to 25.9%. The company recorded a net loss attributable to Shareholders of 0.564 billion Hong Kong dollars, compared to a profit of 6.7 million Hong Kong dollars in the same period last year.The company continues to invest in research and development, with R&D expenditure of 0.409 billion Hong Kong dollars, a slight decrease from 0.446 billion Hong Kong dollars in the same period last year. Sales and distribution expenses dropped to 0.554 billion Hong Kong dollars, administrative expenses decreased to 0.472 billion Hong Kong dollars, and financial costs significantly fell to...Show More
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