China Baoli Technologies Holdings Ltd. (HK:0164) has released an update.
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China Baoli Technologies Holdings Ltd. reported an interim loss of HK$7,962,000 for the six months ending September 30, 2024, showing a slight improvement from the HK$12,210,000 loss in the same period of 2023. Despite a decrease in revenue, the company managed to reduce its losses, attributed to a reversal of expected credit loss allowance and lower selling expenses. Investors may find the financial adjustments and cost management efforts noteworthy as the company navigates challenging market conditions.
For further insights into HK:0164 stock, check out TipRanks’ Stock Analysis page.
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