Huabang Technology Holdings Limited (HK:3638) has released an update.
Huabang Technology Holdings Limited reported a significant turnaround with a net profit of HK$11,027,000 for the year ended March 31, 2024, compared to a loss of HK$129,974,000 in the previous year. The results reflected a notable increase in gross profit and a reversal of expected credit loss, which marked a substantial improvement in the company’s financial health. Investors might take interest in the company’s earnings per share, which shifted from a loss of HK$26.55 to a gain of HK$2.30.
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