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0.052620320855615 0.052620320855615 0.052620320855615 0.052620320855615 0.052620320855615 0.171122994652406 0.0401069518716577 0.0588235294117648
Stock impact report

Global Engine Group Holding Limited Announces Financial Results for Fiscal Year 2024

Global Engine Group Holding Limited - Ordinary Shares (GLE) 
Company Research Source: GlobeNewswire
HONG KONG, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Global Engine Group Holding Limited (the “Company” or “GLE”), a Hong Kong-headquartered integrated solutions provider in information communication technologies (“ICT”), today announced the financial results for the fiscal year ended June 30, 2024. Key Fiscal Year 2024 Financial Metrics: Revenue increased by HKD4.8 million, or 10.7%, to HKD49.5 million (US$6.3 million) for the year ended June 30, 2024 from HKD44.7 million for the year ended June 30, 2023.Gross profit decreased slightly by 0.8% to HKD7.3 million (US$0.9 million) in 2024 from HKD7.4 million in 2023. Gross margin also declined by 1.7 percentage points year-on-year from 16.5% in 2023 to 14.8% in 2024.Net income was HKD2.6 million (US$0.3 million) for the year ended June 30, 2024, decreased by 2.6% from HKD2.7 million in 2023. Mr. Andrew Lee, CEO, Chairman and Director of the Company commented: “In fiscal year 2024, our Company achieved notable revenue growth, increasing by Show less Read more
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