Great Harvest Expects Significant Loss Reduction
Company Announcements

Great Harvest Expects Significant Loss Reduction

Great Harvest Maeta Holdings Limited (HK:3683) has released an update.

Great Harvest Maeta Holdings Limited anticipates a substantial reduction in net loss for the fiscal year ending March 2024, projecting an improvement of around 60.2% from the previous year. This decrease in loss is attributed to a combination of factors, including lower revenue from charter income due to fleet reduction, decreased service costs, a reversal of impairment losses, and a fair value gain in investment properties. Shareholders and potential investors are advised to exercise caution and await the final audited financial results.

For further insights into HK:3683 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!