QPL International (HKG:0243) reported HK$1.4 million in attributable loss for the fiscal year ended April 30, narrowing from HK$63 million a year earlier, according to a Hong Kong bourse filing Monday.

Shares of the integrated circuit products producer fell nearly 4% in recent trade Tuesday.

Loss per share stood at HK$0.0037, down from HK$0.2126 in loss in the comparable, year-ago period.

The company generated HK$301.5 million in revenue during the fiscal year, up from HK$262.7 million a year earlier.

Meanwhile, the firm completed the sale of over 57,744,000 shares at HK$0.16 apiece, it said in a separate Hong Kong bourse filing Monday.