Zhaobangji Lifestyle Posts Narrowed Annual Loss

Zhaobangji Properties Holdings Limited (HK:1660) has released an update.

Zhaobangji Lifestyle Holdings Limited, formerly Zhaobangji Properties Holdings Limited, has announced its annual results for the fiscal year ending March 31, 2024, reporting a reduced loss of HK$28,034,000 compared to the previous year’s HK$40,985,000. Despite a slight increase in revenue, the company faced a comprehensive annual expense of HK$35,738,000 due to various financial factors, including expected credit losses and other comprehensive expenses.

For further insights into HK:1660 stock, check out TipRanks’ Stock Analysis page.