Edvance International Holdings Limited provided earnings guidance for the fiscal year 2024. For the year, company expected to achieve a turnaround to net profit attributable to owners of the Company of approximately HKD 25.0 million to HKD 30.5 million for Fiscal year 2024 as compared to an audited net loss attributable to owners of the Company of approximately HKD 27.5 million for the year ended 31 March 2023 . The expected turnaround from Net Loss to Net Profit was mainly attributable to the fair value gain on financial assets at fair value through profit and loss of approximately HKD 32.4 million in relation to the unlisted investment of the holding company of Hong Kong Digital Asset Ex Limited, based on the valuation assessed by an independent professional valuer as at 31 March 2024 (FY2023: fair value loss on FVTPL of this investment was approximately HKD 24.8 million).
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
0.32 HKD | 0.00% |
|
-7.25% | -27.27% |
06-25 | Edvance International Holdings Returns to Profit in Fiscal Year 2024 | MT |
06-24 | Edvance International Holdings Limited Reports Earnings Results for the Full Year Ended March 31, 2024 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-27.27% | 41.12M | |
+14.31% | 6.15B | |
-28.43% | 610M | |
-6.39% | 470M | |
-63.88% | 432M | |
+16.02% | 366M | |
-23.14% | 327M | |
-18.56% | 278M | |
+17.26% | 207M | |
+10.54% | 182M |
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