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Golden Faith Group Reports Annual Loss Amid Revenue Rise

Golden Faith Group Reports Annual Loss Amid Revenue Rise

Golden Faith Group Holdings Limited (HK:2863) has released an update.

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Golden Faith Group Holdings Limited reported its annual audited results for the fiscal year ended September 2024, showcasing a slight revenue increase to HK$736.7 million compared to the previous year. Despite the revenue growth, the company experienced a net loss of HK$16.8 million, with basic loss per share at 0.95 HK cents. The company highlighted a reduction in net current assets, reflecting challenges in managing liabilities and overall profitability.

For further insights into HK:2863 stock, check out TipRanks’ Stock Analysis page.

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