Zhongzheng International Posts Major Annual Loss
Company Announcements

Zhongzheng International Posts Major Annual Loss

Zhongzheng International Company Limited (HK:0943) has released an update.

Zhongzheng International Company Limited reported a significant loss in its preliminary results for the fiscal year ending June 30, 2024, with a total loss of HK$868,120,000 compared to a profit of HK$32,514,000 in the previous year. The company experienced a drastic fall in revenue from HK$872,910,000 in 2023 to HK$148,499,000 in 2024, and faced substantial impairments and financial costs that contributed to the overall loss. These preliminary figures have been verified by independent auditors, ZHONGHUI ANDA CPA Limited.

For further insights into HK:0943 stock, check out TipRanks’ Stock Analysis page.

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