Hao Tian Group Reports Substantial Annual Loss
Company Announcements

Hao Tian Group Reports Substantial Annual Loss

Hao Tian International Construction Investment Group Limited (HK:1341) has released an update.

Hao Tian International Construction Investment Group Limited reported a significant loss for the fiscal year ended March 31, 2024, with a total comprehensive expense of HK$628 million compared to a comprehensive income of HK$72 million the previous year. The loss per share stood at HK$6.08, a stark contrast to the earnings of HK$1.42 per share in 2023. This downturn reflects considerable challenges faced by the group, including a substantial decrease in revenue and share of results of associates.

For further insights into HK:1341 stock, check out TipRanks’ Stock Analysis page.

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