Dreamland Ltd. Reports 465% Revenue Increase and HK$7.09 Million Net Profit for FY 2024
Dreamland Ltd., a Hong Kong-based event management service provider, reported a significant turnaround in its financial performance for the fiscal year ended March 31, 2024. The company posted a net profit of HK$7.09 million, marking a substantial improvement from the net loss of HK$0.48 million recorded in the previous fiscal year. This positive change was attributed to business expansion and the lifting of COVID-19 lockdown policies by the Hong Kong government. Revenue from event management services, sale of goods, and design services contributed to the company's impressive performance. The company noted a revenue increase of approximately 465% compared to the prior year, highlighting the success of its strategic initiatives and increased demand for its services post-pandemic. Dreamland Ltd. did not provide specific guidance or outlook for future fiscal periods in the report.
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