Success Universe, Mayer Holdings, BF&M, FSM Report 2024 Financial Results

Success Universe Group Limited reported a significant decrease in revenue for 2024, dropping to HK$51,370,000 from HK$101,897,000 in 2023, although it achieved a gross profit increase due to gains in financial assets. Mayer Holdings Ltd. provided updates on its fiscal year ending June 30, 2024, and interim results for the six months ending December 31, 2024, ensuring compliance with Hong Kong Stock Exchange requirements which may enhance investor confidence. Meanwhile, BF&M Limited reported a decline in net income to $13.9 million for 2024, with mixed performance in its Caribbean business and a focus on managing claims costs in health insurance. FSM Holdings Limited also faced challenges, revealing a revenue decrease to S$14,876,000 and a net loss of S$3,407,000 amid rising operational costs. These financial results reflect ongoing pressures across various sectors, including entertainment, technology, and insurance. Companies are focusing on transparency and compliance to maintain investor trust amidst challenging market conditions.