Future Bright Holdings Faces Sharp Profit Decline

Future Bright Holdings (HK:0703) has released an update.

Future Bright Holdings Limited has announced a significant decrease in its interim financial results for the first half of 2024, with turnover and profit seeing sharp drops of 3.2% and 97.8% respectively compared to the previous year. Despite a slight increase in net assets, the company’s basic profit per share plummeted from HK$3.50 to HK$0.08 cents, indicating a challenging period for the company.

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