tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Asia Cassava Reports Revenue Decline and Increased Losses for 2025

Story Highlights
Asia Cassava Reports Revenue Decline and Increased Losses for 2025

Elevate Your Investing Strategy:

The latest announcement is out from Asia Cassava Resources Holdings Limited ( (HK:0841) ).

Asia Cassava Resources Holdings Limited reported a decrease in revenue to approximately HK$977.9 million for the year ended March 31, 2025, compared to HK$1,193.0 million in 2024. The company also experienced a loss attributable to its owners of about HK$130.7 million, up from HK$111.4 million the previous year. The financial results were impacted by fair value changes in investment properties, impairments of property, plant, and equipment, and right-of-use assets. Consequently, the Board of Directors decided not to recommend a final dividend for the year, reflecting the company’s challenging financial position.

More about Asia Cassava Resources Holdings Limited

Asia Cassava Resources Holdings Limited is a company incorporated in the Cayman Islands, focusing on the cassava industry. The company is involved in the production and distribution of cassava products, catering to markets primarily in Asia.

Average Trading Volume: 195,058

Technical Sentiment Signal: Sell

Current Market Cap: HK$56.72M

For detailed information about 0841 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1