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China Best released its annual performance with a profit of HKD 215 million, a decrease of 57.4% year-on-year.
China Best (00370) announced its annual results ending on March 31, 2024. The group earned HKD 215 million, a decrease of 57.4% year-on-year, while the company's owners incurred a loss of HKD 131 million, down 60.74% year-on-year. The loss per share was 6.9 HK cents.
China Best (00370) released its annual performance with a profit of HKD 215 million.
China Best (00370) has released its annual results ending on March 31, 2024, achieving a profit of 215 million yuan...
China Best's (00370.HK) yearly loss attributable to owners narrowed by about 60.7% to approximately 131 million Hong Kong dollars.
On June 27th, Glory Hui announced that the group's income for the year ending March 31, 2024 was about HKD 215 million, a decrease of 57.4% from last year. The net loss attributable to owners of the company is about HKD 131 million, a narrowing of about 60.7% year-on-year. The reduction is mainly due to (including) (i) a total reduction of approximately HKD 260.6 million in impairment losses on group assets, and (ii) a reduction of approximately HKD 18.7 million in employee costs. During the year, the group's income decreased sharply, mainly due to (i) customer issues causing interruptions in trade business, and (i
Express News | China Best Group Holding FY Net Income HKD -131.1 Million
Express News | China Best Group Holding FY Turnover HKD 215 Million
CHINA BEST: ANNOUNCEMENT OF RESULTSFOR THE YEAR ENDED 31 MARCH 2024
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