OneForce Holdings Limited (HK:1933) has released an update.
OneForce Holdings Limited reported a 9% increase in revenue for the year ending March 31, 2024, driven primarily by software and solutions sales, despite a 18.8% drop in gross profit and a significant decrease in profits attributable to shareholders due to higher operating costs and intense market competition. The company navigates a challenging economic landscape, with China’s energy sector’s rapid digital integration offering new business opportunities. Overall, the company maintains a focus on high-quality development and sustainable operations in line with national policies.
For further insights into HK:1933 stock, check out TipRanks’ Stock Analysis page.