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China Baoli Reports Increased Annual Net Loss
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China Baoli Reports Increased Annual Net Loss

China Baoli Technologies Holdings Ltd. (HK:0164) has released an update.

China Baoli Technologies Holdings Limited has released its annual financial results for the year ended March 31, 2024, highlighting a net loss of HK$33,704,000, an increase from the previous year’s loss of HK$30,058,000. Despite an increase in revenue to HK$55,294,000, the company faced significant financial challenges, including impairment losses and high administrative expenses. The basic and diluted loss per share has slightly increased to HK$0.38 from HK$0.37.

For further insights into HK:0164 stock, check out TipRanks’ Stock Analysis page.

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