Hidong Estate (GB:HID) has released an update.
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Hidong Estate PLC reported a comprehensive loss of RM27,535 for the financial year ended 31 March 2024, attributing the downturn to increased administrative expenses and a decrease in dividend income, partially offset by higher interest income and gains in fair value changes on investments. The company, navigating a challenging post-pandemic economy, has maintained strong fundamentals and a liquid asset base, ensuring readiness for rapid response to market opportunities.
For further insights into GB:HID stock, check out TipRanks’ Stock Analysis page.