tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Minshang Creative Technology Reports Annual Financial Loss

Story Highlights
Minshang Creative Technology Reports Annual Financial Loss

Elevate Your Investing Strategy:

Minshang Creative Technology Holdings Limited ( (HK:1632) ) just unveiled an announcement.

Minshang Creative Technology Holdings Limited reported its audited consolidated results for the year ending March 31, 2025, revealing a significant loss from continuing operations. The company faced a loss before income tax of HK$61,486,000, slightly improved from the previous year’s HK$64,259,000. The revenue from its principal IT solution business saw a substantial decline, while expenses related to employee benefits and research and development increased significantly. This financial performance may impact the company’s market positioning and stakeholder confidence.

More about Minshang Creative Technology Holdings Limited

Minshang Creative Technology Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the information technology solution business. The company operates within the IT sector, focusing on providing technology solutions.

Average Trading Volume: 58,444

Technical Sentiment Signal: Sell

Current Market Cap: HK$189.7M

See more data about 1632 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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