Lotus Horizon Holdings Limited (HK:6063) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Lotus Horizon Holdings Limited has reported a notable turnaround in their financial results for the fiscal year ended March 31, 2024, with revenue increasing to HK$242,638,000 and a profit of HK$3,320,000, compared to a loss in the previous year. The company experienced a significant boost in both gross profit and earnings per share, indicating a robust recovery. However, the Board has decided not to issue a final dividend for the year.
For further insights into HK:6063 stock, check out TipRanks’ Stock Analysis page.