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Zhaobangji Lifestyle Holdings' Fiscal 2024 Loss Narrows on Higher Revenue
Zhaobangji Lifestyle Holdings' (HKG:1660) attributable loss narrowed to HK$28 million in the year ended March 31 from HK$41 million in the year-ago period, according to a Friday filing with the Hong K
Zhaobangji Life (01660.HK) saw an increase in revenue of approximately 3.6%, reaching around 268 million Hong Kong dollars.
On June 28th, GeLongHui reported that ZhaoBangJi Life(01660.HK) had an increase in total revenue of about 9.3 million Hong Kong dollars, or 3.6%, to approximately 267.7 million Hong Kong dollars for the fiscal year ending on March 31, 2024, from approximately 258.4 million Hong Kong dollars in the previous year. The group's gross profit increased by approximately 8.6 million Hong Kong dollars, or approximately 26.1%, from approximately 32.8 million Hong Kong dollars in the previous year to approximately 41.3 million Hong Kong dollars in the current year. The gross margin of the company rose from approximately 12.7% in the previous year to approximately 15.4% in the current year. The group reduced its net loss by approximately 13.0 million Hong Kong dollars in the current year.
ZHAOBANGJI LIFE: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 MARCH 2024
Zhaobangji Life (01660.HK) will hold a board of directors meeting on June 28 to approve the annual performance.
Zhaobangji Life (01660.HK) announced that the board of directors meeting will be held in Hong Kong on Friday, June 28, 2024, to consider and approve the annual performance of the company and its subsidiaries, including the publication of performance announcements until the end of the fiscal year ending March 31, 2024, and to consider the distribution of final dividends (if any).
ZHAOBANGJI LIFE: DATE OF BOARD MEETING
More Unpleasant Surprises Could Be In Store For Zhaobangji Lifestyle Holdings Limited's (HKG:1660) Shares After Tumbling 26%
Zhaobangji Lifestyle Holdings Limited (HKG:1660) shareholders won't be pleased to see that the share price has had a very rough month, dropping 26% and undoing the prior period's positive performance.
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