Dragon King Group (08493) announced its results for the nine months ended September 30, 2023. The group obtained a profit of HK$79.513 million, an increase of 40.06% over the previous year; the company owners should have accounted for a profit of HK$5.456 million during the period compared to a loss of HK$8.046 million for the same period last year; and a basic profit of HK$3.16 cents per share.
According to the announcement, the Group's overall gross margin for the current period increased slightly by 3.8% compared to the nine months ended September 30, 2022, mainly due to improved operating efficiency and implementation of cost control measures.