
CIRCUTECH announced its 2024 performance, with profit attributable to owners of the company at HKD 44,000, a year-on-year decrease of 99.25%

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CIRCUTECH announced its 2024 performance, with revenue of approximately HKD 351 million, a year-on-year increase of 130.8%; profit attributable to shareholders was HKD 44,000, a year-on-year decrease of 99.25%; earnings per share were HKD 0.0019. The revenue growth was mainly attributed to the expansion of third-party brand product supply, driving market expansion in Asia. The decrease in net profit was primarily due to the expiration of derivative financial instruments, resulting in a fair value loss of approximately HKD 8.883 million
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