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Bamboos Health Care Faces Earnings Decline

Bamboos Health Care Faces Earnings Decline

Bamboos Health Care Holdings Ltd (HK:2293) has released an update.

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Bamboos Health Care Holdings Ltd reported a significant downturn in their annual financial results for the year ended June 30, 2024, with revenue dropping by 25.1% and profit before tax falling by 33.2%. Profit attributable to shareholders also decreased by 34.1%, leading to a reduced final dividend proposal of HK2.50 cents per share compared to the previous year’s HK3.75 cents. These figures indicate a challenging fiscal year for the company amidst a tough economic environment.

For further insights into HK:2293 stock, check out TipRanks’ Stock Analysis page.

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