Zhong Jia Guo Xin Reports Reduced Annual Loss

Asia Resources Holdings Limited (HK:0899) has released an update.

Zhong Jia Guo Xin Holdings Company Limited reported a decrease in its annual loss to HK$19,766,000 for the year ended 31 March 2024, down from HK$266,058,000 the previous year, signaling a significant improvement in financial performance. The company also saw a substantial reduction in losses from discontinued operations and a decrease in comprehensive loss for the year. Despite these improvements, the company still faced a loss per share, though reduced from the prior year.

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