Universal Technologies Changes Financial Year to Boost Efficiency

Universal Technologies Holdings Limited (HK:1026) has released an update.

Universal Technologies Holdings Limited has announced a change in its financial year end date from December 31 to June 30, which will allow the company to streamline its financial reporting and reduce resource competition during peak audit seasons. This adjustment means the next financial statements will cover an 18-month period from January 2024 to June 2025. The company does not anticipate any negative impact on its operations due to this change.

For further insights into HK:1026 stock, check out TipRanks’ Stock Analysis page.