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Kingbo Strike Ltd. Reports Narrowed Annual Loss
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Kingbo Strike Ltd. Reports Narrowed Annual Loss

Kingbo Strike Ltd. (HK:1421) has released an update.

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Kingbo Strike Limited reported a loss of HK$44.057 million for the financial year ended 30 June 2024, a moderate improvement over the previous year’s HK$53.110 million loss. The company’s revenue nearly doubled, rising from HK$81.518 million in 2023 to HK$160.732 million in 2024. Despite the revenue increase, the firm faced a comprehensive annual loss of HK$45.193 million due to continued administrative and other operating expenses.

For further insights into HK:1421 stock, check out TipRanks’ Stock Analysis page.

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