GP LOGISTICS released its 2024 annual performance, with a net loss of HKD 3.655 million, an increase of 142.9% year-on-year
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GP LOGISTICS released its 2024 annual performance, with revenue of HKD 1.058 billion, a year-on-year increase of 28.2%; net loss of HKD 3.655 million, a year-on-year increase of 142.9%. Gross profit decreased by approximately 23.8% to HKD 39.7 million, with the gross profit margin falling to about 3.8%. Due to a significant rise in service costs, the group was unable to pass on the high costs to customers, resulting in a decline in gross profit margin
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