tiprankstipranks
Trending News
More News >

Lotus Horizon Announces Remarkable Fiscal Turnaround

Lotus Horizon Announces Remarkable Fiscal Turnaround

Lotus Horizon Holdings Limited (HK:6063) has released an update.

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1