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Standard Development Group Faces Increased Annual Losses

Standard Development Group Faces Increased Annual Losses

Standard Development Group Limited (HK:1867) has released an update.

Standard Development Group Limited reported a significant year-on-year increase in their loss for the year ended March 31, 2024, with a total comprehensive expense for the year also rising sharply compared to the previous year. The loss per share has more than doubled, indicating a challenging financial year for the company. These results reflect higher direct costs, increased finance costs, and a loss before tax that has nearly tripled from the previous year.

For further insights into HK:1867 stock, check out TipRanks’ Stock Analysis page.

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