Hong Kong Asia Holdings (01723) announced its results for the year ended March 31, 2023, with earnings of about HK $205 million, up 11.8% from a year earlier, annual profit of about HK $3.9 million, down 80% from a year earlier, and basic and diluted earnings per share of about HK0.99 cents.
It is reported that the increase in revenue was mainly due to an increase of about HK $39.6 million in sales to users in Indonesia and the Philippines, partly offset by a decrease of about HK $18 million in sales to other users.