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Hong Kong ChaoShang Group Ltd. ( (HK:2322) ) just unveiled an update.
Modern Innovative Digital Technology Company Limited reported its audited consolidated results for the year ending March 31, 2025, revealing a significant decline in revenue from HK$144,950,000 in 2024 to HK$73,706,000 in 2025. The company faced substantial impairment losses across various receivables and assets, leading to an operating loss of HK$83,536,000, slightly improved from the previous year’s loss of HK$87,588,000. Despite efforts to manage costs, the overall financial performance indicates challenges in maintaining profitability, impacting its market position and stakeholder confidence.
More about Hong Kong ChaoShang Group Ltd.
Modern Innovative Digital Technology Company Limited, formerly known as Hong Kong ChaoShang Group Limited, operates in the digital technology industry. The company focuses on providing innovative digital solutions and services, leveraging modern technology to enhance its offerings.
Average Trading Volume: 2,854,105
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.67B
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