Huabang Tech (03638) announced that it is expected to have a net profit of about 11-16 million HKD attributable to shareholders of the company for the year ending March 31, 2024. In contrast, the company had a loss of about 128 million HKD in the same period in 2023, mainly due to the increase in the overall gross profit of the group, the expected credit loss allowance for accounts receivable being reduced, the expected credit loss allowance for loans receivable being written back, and no impairment loss on goodwill for this year.
华邦科技(03638)发盈喜 预期年度业绩同比扭亏为盈至约1100万-1600万港元
Huabang Tech (03638) announces profit forecast, expected to turn loss into profit year-on-year with a profit of about 11-16 million Hong Kong dollars.
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