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Optimistic Investors Push Huazhang Technology Holding Limited (HKG:1673) Shares Up 46% But Growth Is Lacking
huazhang tech (01673.HK) annual revenue of 0.448 billion yuan, a year-on-year decrease of 15.3%.
As of the fiscal year ended June 30, 2024, Huazhang Tech (01673.HK) announced that the group's revenue was 4.48 billion yuan, a 15.3% year-on-year decrease; the group recorded a loss of approximately 186 million yuan, a decrease of about 34.2 million yuan compared to the same period last year. Basic loss per share is 1.60 yuan. In recent years, due to advancements in production technology, excellent product performance, and strong growth in downstream market demand, china's non-woven fabric industry has experienced rapid development. Currently, China has become the largest country in the world in terms of non-woven fabric production and consumption.
Express News | Huazhang Technology Holding FY Gross Margin 17.8%
Express News | Huazhang Technology Holding FY Net Income RMB -18.6 Million
Express News | Huazhang Technology Holding FY Capex RMB 800 Thousand
HUAZHANG TECH: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 30 JUNE 2024
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