GEMILANG INTL (06163) announced its annual performance, with a net loss attributable to shareholders of $1.027 million, a 63.2% decrease compared to the previous year.

GEMILANG INTL (06163) announced its annual performance as of October 31, 2024, with customer contract revenue of 22.956 million US dollars, a year-on-year increase of 60.9%; the company's attributable loss was 1.027 million US dollars, a year-on-year decrease of 63.2%; and a basic loss per share of 0.41 cents. The loss for the year was mainly attributable to impairment loss provision on other receivables, partially offset by an increase in sales of vehicle bodies and kits, as well as sales of parts and related services compared to the year ended October 31, 2023.