---
title: "SUCCESSUNIVERSE released its annual results, with a profit attributable to shareholders of HKD 93.391 million, a year-on-year decrease of 44.84%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233611485.md"
description: "SUCCESSUNIVERSE announced its annual results for the year ended December 31, 2024, with a profit attributable to shareholders of HKD 93.391 million, a decrease of 44.84% year-on-year. The group's revenue was HKD 51.37 million, a decrease of 49.59% year-on-year. Despite gains from the sale of listed securities during the year, the decrease in profit attributable to shareholders was mainly due to a fair value loss on investment properties and a write-down of the carrying value of property inventory, totaling approximately HKD 39.7 million, as well as significant impairment losses on leased land and buildings of approximately HKD 36.1 million"
datetime: "2025-03-28T10:24:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233611485.md)
  - [en](https://longbridge.com/en/news/233611485.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233611485.md)
---

# SUCCESSUNIVERSE released its annual results, with a profit attributable to shareholders of HKD 93.391 million, a year-on-year decrease of 44.84%

According to the Zhitong Finance APP, SUCCESSUNIVERSE (00487) announced its annual performance for the year ending December 31, 2024. The group achieved revenue of HKD 51.37 million, a year-on-year decrease of 49.59%; the profit attributable to shareholders was HKD 93.391 million, a year-on-year decrease of 44.84%; earnings per share were HKD 0.019.

Despite generating income from the sale of listed securities during the year, the decrease in profit attributable to the company's shareholders was mainly due to: a significant increase in the fair value loss of the group's investment properties, and a write-down of the carrying value of the group's property inventory (property inventory write-down), totaling approximately HKD 39.7 million (2023: approximately HKD 19 million); a significant impairment loss of approximately HKD 36.1 million recognized on the carrying value of leased land and buildings classified as property, plant, and equipment (2023: none); and a decrease in the profit attributable to the group's joint ventures

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