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China Best Group Faces Revenue Decline and Losses

China Best Group Faces Revenue Decline and Losses

China Best Group Holding Limited (HK:0370) has released an update.

China Best Group Holding Limited has reported a significant decline in revenue for the six months ending September 2024, with figures dropping from HK$105,562,000 in 2023 to HK$64,175,000. The company also recorded a comprehensive expense of HK$31,295,000, showcasing a challenging period, though foreign exchange differences provided some relief. Investors may find the financial outlook concerning, given the continued operational losses.

For further insights into HK:0370 stock, check out TipRanks’ Stock Analysis page.

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