CROCODILE (00122) released its second interim financial results, with a net loss attributable to shareholders of HK$33.83 million, a decrease of 68.89% year-on-year.

CROCODILE (00122) released its second interim results for the 12 months ending July 31, 2024. The group achieved revenue of HK$95.329 million, a year-on-year increase of 9.73%; the attributable loss to owners of the company was HK$33.838 million, a year-on-year decrease of 68.89%; with a loss per share of 2.38 HK cents. During the review period, the group's turnover improved by 10% to HK$95 million (2023: HK$87 million). With the gross profit margin continuing to be maintained at a high level of 82% (2023: 84%), gross profit increased to HK$78 million (2023: HK$73 million).