Great Harvest Expects Significant Loss Reduction

Great Harvest Maeta Holdings Limited (HK:3683) has released an update.

Great Harvest Maeta Holdings Limited anticipates a substantial reduction in net loss for the fiscal year ending March 2024, projecting an improvement of around 60.2% from the previous year. This decrease in loss is attributed to a combination of factors, including lower revenue from charter income due to fleet reduction, decreased service costs, a reversal of impairment losses, and a fair value gain in investment properties. Shareholders and potential investors are advised to exercise caution and await the final audited financial results.

For further insights into HK:3683 stock, check out TipRanks’ Stock Analysis page.