tiprankstipranks
Company Announcements

Ev Dynamics Reports Significant Annual Losses

Ev Dynamics Reports Significant Annual Losses

Ev Dynamics (Holdings) Limited (HK:0476) has released an update.

Ev Dynamics (Holdings) Limited has released its annual financial results for the year ended March 31, 2024, revealing a substantial loss of HK$326,829,000, a significant increase from the previous year’s HK$81,391,000 loss. The company’s total comprehensive income also reflected a downturn, with a loss of HK$402,017,000 compared to HK$209,260,000 year-on-year. These figures indicate a challenging fiscal year for Ev Dynamics, marked by increased impairments and losses across several financial categories.

For further insights into HK:0476 stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
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
1