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TOKYO CHUO: 2024 ANNUAL REPORT
Tokyo Chuo Auction Holdings' Fiscal 2024 Loss Widens as Revenue Declines
Tokyo Chuo Auction (01939) has released its annual results, with shareholders' share of losses amounting to HKD 26.89 million, a significant 224.5% year-on-year expansion.
Tokyo Chuo Auction (01939) released its annual performance report for the year ending March 31, 2024, with a revenue of 5,785.2...
TOKYO CHUO: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 MARCH 2024
Tokyo Chuo Auction to Log Wider Losses in Fiscal 2024
Tokyo Chuo Auction (01939) issues profit warning, expecting a net comprehensive loss of approximately 27 million Hong Kong dollars for the year.
Zhì tōng cái jīng APP news, Tokyo Chuo Auction (01939) issued an announcement, the group is expected to achieve a comprehensive loss of about HKD 27 million for the fiscal year ending March 31, 2024, while a comprehensive loss of about HKD 8.3 million was achieved for the fiscal year ending March 31, 2023. The board of directors believes that the increase in the net loss is mainly due to a decrease in revenue from art auctions and related businesses for the fiscal year ending March 31, 2024 compared with the same period last year, impairment losses on financial assets, and the equity-settled share-based payment recognized this year. From art auctions and related businesses.
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