Arta TechFin Reports Improved Annual Losses

Arta TechFin Corporation Limited (HK:0279) has released an update.

Arta TechFin Corporation Limited has reported an operating loss for the fiscal year ending March 31, 2024, with a reduced revenue from HK$12,792,000 in 2023 to HK$23,329,000. Despite the revenue increase, the company faced substantial operating expenses leading to a net loss of HK$62,921,000 for the year, which is an improvement compared to the previous year’s HK$89,910,000 loss. Shareholders experienced a loss per share of HK0.3 cents, slightly better than the HK0.5 cents loss per share in 2023.

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