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China Rongzhong’s Annual Loss Narrowed in 2024

China Rongzhong Financial Holdings Company Limited (HK:3963) has released an update.

China Rongzhong Financial Holdings Company Limited reported its audited financial results for the year ended March 31, 2024, showing a reduction in annual loss to HK$7,579,000 from the previous year’s HK$123,316,000. The results indicate an improvement in the company’s performance, despite a slight decrease in other income and an increase in cost of services and staff costs. The loss per share has also decreased from 30 HK cents to 2 HK cents, reflecting a positive trend in the company’s financial recovery.

For further insights into HK:3963 stock, check out TipRanks’ Stock Analysis page.

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