Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An update from Man Sang International ( (HK:0938) ) is now available.
Man Sang International Limited has taken significant measures to address financial concerns raised by their auditor’s disclaimer of opinion on their financial statements for the year ending March 31, 2024. The company completed the sale of Gloryear Investments Limited, which significantly reduced its financial liabilities and improved its liquidity position. Additionally, the maturity dates of certain loans were extended, and cost reduction measures were implemented. The acquisition of Chengdu Doof also contributed to additional revenue and cash flow, positioning the company more favorably in its financial standing.
More about Man Sang International
YTD Price Performance: -16.87%
Average Trading Volume: 224,860
Technical Sentiment Signal: Sell
Current Market Cap: HK$446.6M
See more insights into 0938 stock on TipRanks’ Stock Analysis page.