Matrix Holdings Reports Considerable Annual Loss
Company Announcements

Matrix Holdings Reports Considerable Annual Loss

Matrix Holdings Limited (HK:1005) has released an update.

Matrix Holdings Limited reported a significant loss for the year ended 31 December 2020, with a year-on-year revenue decrease from HK$986,094,000 to HK$714,486,000 and a net loss of HK$102,940,000 compared to a modest profit of HK$1,831,000 in the previous year. The loss per share for the company stood at HK$13.6 cents, a stark contrast to the earnings of HK$0.8 cents per share in 2022. This financial downturn has also led to a resumption of trading of the company’s shares.

For further insights into HK:1005 stock, check out TipRanks’ Stock Analysis page.

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