tiprankstipranks
China Baoli Reports Increased Annual Net Loss
Company Announcements

China Baoli Reports Increased Annual Net Loss

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

Pick the best stocks and maximize your portfolio:

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.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App