Minshang Creative Tech Reports Mixed Annual Results

Minshang Creative Technology Holdings Limited (HK:1632) has released an update.

Minshang Creative Technology Holdings Limited reported its annual results for the fiscal year ending March 31, 2024, revealing a shift in its revenue and profit landscape compared to the previous year. The company experienced a significant decrease in revenue from its IT solution business and faced various financial challenges including impairment losses on assets and goodwill. Despite these hurdles, Minshang Creative Tech managed to record gains through other income and disposal of property, suggesting a mixed financial performance.

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