The Zhitong Finance App learned that Haina Starry Sky Technology (08297) rose more than 9%. As of press release, it rose 9.33% to HK$0.41, with a turnover of HK$3.03 million. The company's stock price has surged 195% since May.
According to the news, Haina Starry Sky Technology recently announced financial results for the year ended March 31, 2023. The group achieved revenue of HK$44.689 million, a decrease of 4.07%; a loss of HK$34.72 million during the year, an increase of 84.63%; and a loss of HK$4.27 cents per share.
The Group's total revenue decreased from approximately HK$46.6 million to approximately HK$44.7 million for the year ended March 31, 2022 due to weak retail sales and weak consumer sentiment due to the COVID-19 pandemic in Hong Kong.
According to reports, the group is one of the top shapewear functional underwear retailers in Hong Kong, China. The Group is mainly engaged in the design, manufacture and sale of core underwear products under the core brand 'Bodibra' and sub-brands' June ',' ooobiki ',' Bodicare 'and 'Invisi'. The Group mainly provides a variety of modelling functional designs for women's underwear under the Group's own brand, which aims to achieve a more beautiful appearance, including bust circumference and underwear, shapewear and chest support vests. The Group sells (1) other products with no shaping function, mainly including breast cream, underwear, invisible bust, swimsuits, chest straps, chest pads and waistbands; (2) provides beauty services; (3) provides influencer agency services through online platforms; and (4) lending business. The company's main business is investment holding.