GoFintech Innovation Limited (HK:0290) has released an update.
GoFintech Innovation Limited anticipates a narrower consolidated loss for the year ended March 2024, projecting a deficit range of HK$30 million to HK$32 million, which marks an improvement from the previous year’s HK$58.86 million loss. This expected betterment is attributed to increased revenue from licensed businesses, higher other income including gains from associate acquisition and interest revenue, along with lowered credit losses and staff and finance costs. Investors are reminded to exercise caution and await the official annual results expected to be announced in late June 2024.
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