Zhidao International (Holdings) (HK:1220) has released an update.
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.
Zhidao International (Holdings) Limited reported a significant increase in its annual loss for the year ended 31 March 2024, with the loss before tax reaching HK$84,424,000 compared to HK$14,970,000 in the previous year. This downturn is reflected in a basic loss per share of 4.32 cents, up from 0.64 cents in 2023. The increase in losses includes impairments in various areas such as trade receivables, other receivables, and property, plant, and equipment.
For further insights into HK:1220 stock, check out TipRanks’ Stock Analysis page.