World Super Holdings Ltd. has released its audited financial results for the year ended December 31, 2024. The Group reported a revenue of HK$16.2 million, down from HK$23.1 million in the previous year. This decline in revenue was primarily due to a significant decrease in plant hiring income, which fell to HK$5.3 million from HK$9.9 million, and a drop in general sales from trading of machinery, tools, and parts, which decreased to HK$0.8 million from HK$4.0 million. Additionally, transportation and other services income fell to HK$46,000 from HK$812,300. However, the Group reported a new source of revenue from car rental income, amounting to HK$1.5 million. The gross profit for the year was HK$2.0 million, compared to HK$3.6 million in 2023. The Group also noted impairment losses on plant and equipment of HK$4.8 million, up from HK$2.4 million the previous year. Other income and gains or losses showed an improvement, with a loss of HK$1.2 million, compared to a loss of HK$5.3 million in 2023. No specific outlook or guidance was provided in the results announcement regarding future performance or business operations.
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