CHINA HONGBAO Reports Full-Year Profit of HK$4.64 Million, Turning Around from Prior Year Loss

Stock News
Jun 28

CHINA HONGBAO (ASX: 08316) has announced its annual results for the year ended March 31, 2026. The group reported revenue of HK$116 million, representing a 43.61% increase compared to the previous year. The company achieved an annual profit of HK$4.641 million, marking a turnaround from a loss in the prior corresponding period. Earnings per share were HK$0.49 cents.

According to the announcement, the revenue growth was primarily driven by a significant expansion of the group's internet services segment during the 2026 financial year.

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