eSun Holdings (HK:0571) has released an update.
eSun Holdings Limited reported a significant increase in its annual loss for the year ended July 31, 2024, with a net loss of HK$525.7 million compared to HK$222.9 million the previous year. The company’s turnover rose by 15% to HK$1.17 billion, but rising expenses and other operating losses led to a deeper financial setback. Investors should note the challenging financial environment impacting eSun Holdings’ profitability.
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