Hin Sang Group (International) Holding Co. Ltd. (HK:6893) has released an update.
Hin Sang Group (International) Holding Co. Ltd. anticipates a decrease in its consolidated net loss to HK$37 million for the financial year ended 31 March 2024, down from HK$49.2 million the previous year. This improvement is primarily due to a 13.7% increase in revenue following a rebound in Hong Kong’s tourism and retail sectors, and a gain on fair value change of financial assets. The company urges shareholders and potential investors to exercise caution and await the finalised annual results due on 28 June 2024.
For further insights into HK:6893 stock, check out TipRanks’ Stock Analysis page.
