IB Settlement Holdings Reports Annual Loss

International Business Settlement Holdings Limited (HK:0147) has released an update.

International Business Settlement Holdings Limited has reported a loss for the fiscal year ending March 31, 2024, with a significant decline in revenue and increased losses from both continuing and discontinued operations compared to the previous year. The group faced a challenging year with losses attributed mainly to the owners of the company and non-controlling interests, alongside an impairment loss of properties held for sale and increased finance costs.

For further insights into HK:0147 stock, check out TipRanks’ Stock Analysis page.