HAO BAI INTL (08431) released its annual performance, with a net loss of 30.29 million Hong Kong dollars attributable to shareholders, an increase of 57.46% compared to the previous year.
Hao Bo International (08431) announced the annual results for the year ended March 31, 2026. The group achieved revenue of HKD 19.266 million, a decrease of 19.13% compared to the previous year. The company's net loss attributable to owners for the year was HKD 30.329 million, an increase of 57.46% compared to the previous year, with a basic loss per share of 39.7 HK cents.
HAO BAI INTL (08431) released its annual performance for the year ended March 31, 2026. The group achieved revenue of HK$19.26 million, a decrease of 19.13% compared to the previous year. The group's attributable loss for the year was HK$30.32 million, an increase of 57.46% compared to the previous year. The basic loss per share was 39.7 Hong Kong cents.
The announcement stated that although the group's food trading business in China achieved relatively stable performance in the current year, revenue from construction management services did not meet expectations. However, as the group has started to focus on government-related tenders, it is expected that this business will rebound later in the year.
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