Chuang’s China Investments Limited (HK:0298) has released an update.
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Chuang’s China Investments Limited reported a loss of HK$320.7 million for the year ended March 31, 2024, with a net cash balance of HK$286.5 million and a net asset value per share of HK$1.42. Despite the losses, the Group maintains substantial cash resources totaling HK$938.8 million, offset by bank borrowings of HK$652.3 million. The loss per share narrowed slightly to 13.67 HK cents compared to 14.00 HK cents in the previous year.
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