Asia Cassava Reports Increased Annual Loss

Asia Cassava Resources Holdings Limited (HK:0841) has released an update.

Asia Cassava Resources Holdings Limited, the leading procurer and exporter of dried cassava chips in Thailand and key supplier to the PRC, has reported a revenue of HK$1,193.0 million for the fiscal year ended March 31, 2024. However, the company faced a loss of HK$111.4 million, which is a 17.6% increase from the previous year’s loss, with no final dividend recommended by the Directors.

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