Quali-Smart Holdings Ltd. (HK:1348) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Quali-Smart Holdings Ltd. reported a significant revenue drop of 48.1% for the year ended March 31, 2024, with total revenue falling to HK$177.3 million from the previous year’s HK$341.8 million. The company’s net loss increased by 2.4% to HK$74.0 million, attributed to decreased gross profit and increased interest expenses, among other factors. No final dividend will be paid for the year as the company navigates its financial challenges.
For further insights into HK:1348 stock, check out TipRanks’ Stock Analysis page.