Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Applied Development Holdings ( (HK:0519) ) has issued an update.
Novautek Technologies Group Limited, a company incorporated in Bermuda, has announced its audited consolidated financial results for the fiscal year ending June 30, 2025. The company reported a revenue of HK$33,795,000, a decrease from the previous year, but managed to achieve a profit of HK$7,125,000 compared to a loss in the prior year. The improvement in financial performance is attributed to a significant net gain on the disposal of financial assets and an increase in the fair value of investment properties. Despite the positive results, the company faced challenges such as increased selling expenses and a substantial taxation expense.
More about Applied Development Holdings
YTD Price Performance: 136.73%
Average Trading Volume: 6,519,708
Technical Sentiment Signal: Buy
Current Market Cap: HK$708.8M
Find detailed analytics on 0519 stock on TipRanks’ Stock Analysis page.