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Peking University Resources Posts Annual Net Loss

Peking University Resources Posts Annual Net Loss

Peking University Resources Holdings Co. Ltd. (HK:0618) has released an update.

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Peking University Resources Holdings Co. Ltd. reports a significant downturn in the fiscal year ended March 31, 2024, with a net loss of RMB 750,242, contrasting sharply with the previous year’s profit of RMB 1,018,855. The revenue has dramatically decreased, and the company faced various financial setbacks, including gross profit decline, fair value losses on financial assets, and increased other expenses leading to an overall loss for the year.

For further insights into HK:0618 stock, check out TipRanks’ Stock Analysis page.

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