Xinhua News Media Holdings Limited (HK:0309) has released an update.
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Xinhara News Media Holdings Limited has reported a loss for the year ended March 31, 2024, with a total comprehensive loss slightly lower than the previous year. Despite an increase in revenue, the company faced substantial staff costs, other operating expenses, and financial asset value losses. The basic and diluted loss per share decreased from the previous year, indicating a marginal improvement in the company’s financial performance.
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