Gelonghui June 30Asustek Holdings (08341.HK) announcementAnnual results for the year ended 31 March 2023The overall income of the Group increased by about 20.5% from about HK $218 million for the year ended March 31, 2022 to about HK $263 million for the reporting period.The profit attributable to the owner of the company was approximately HK $8.3 million, compared with approximately HK $8.2 million in the same period in 2022, mainly due to the increase in the above income and gross profit, which exceeded the increase in administrative expenses.
The increase was mainly due to the relatively large number of bids awarded in 2021, resulting in the recognition of more contract income during the reporting period compared with the same period in 2022.