China Sinostar Group Company Limited (HK:0485) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
China Sinostar Group Company Limited reported a consolidated annual loss of HK$18,589,000 for the year ended 31 March 2024, a significant improvement from the previous year’s loss of HK$51,210,000. The company also experienced a total comprehensive loss of HK$35,178,000, attributed largely to losses on revaluation of investment properties and foreign exchange differences. Despite the losses, the gross profit increased from HK$3,413,000 in 2023 to HK$5,855,000 in 2024.
For further insights into HK:0485 stock, check out TipRanks’ Stock Analysis page.
