Most Kwai Chung Ltd. Reports Improved Annual Results
Company Announcements

Most Kwai Chung Ltd. Reports Improved Annual Results

Most Kwai Chung Ltd. (HK:1716) has released an update.

Most Kwai Chung Limited reported its annual results, showing a significant improvement for the fiscal year ended March 31, 2024, with revenues increasing to HK$55.2 million from HK$39.6 million the previous year. Gross profit more than doubled to HK$20.0 million, and the company reduced its net loss substantially to HK$9.3 million from HK$20.7 million in 2023. Despite the losses, the financial performance indicates a positive trend in cost management and revenue growth.

For further insights into HK:1716 stock, check out TipRanks’ Stock Analysis page.

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