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We Think That There Are Issues Underlying Takbo Group Holdings' (HKG:8436) Earnings
Takbo Group Holdings Limited's (HKG:8436) robust earnings report didn't manage to move the market for its stock. We did some digging, and we found some concerning factors in the details. SEHK:8436
Simply Wall StApr 4 18:27 ET
TAKBO GROUP: Annual Report 2023
Futu NewsMar 28 06:07 ET · Announcements
Debao Group Holdings announced 2023 annual results, net profit of HK$14.658 million, up 1354.2% year-on-year
Debao Group Holdings (08436) announced its 2023 annual results, with earnings of HK$216 million, up 3% year on year; net profit of HK$14.658 million, up 1354.2% year on year; and profit of HK3.7 cents per share. According to reports, the year-on-year increase in net profit was mainly due to the shift in product portfolios to products with higher interest rates, lower sales costs; increased interest income; and lower exchange losses.
新浪港股Mar 27 20:08 ET
Debao Group Holdings (08436) announced annual results with a net profit of HK$14.658 million, an increase of 1354.2% over the previous year
Debao Group Holdings (08436) announced its 2023 annual results, with revenue of HK$216 million, an increase of 3% over the previous year...
Zhitong FinanceMar 27 13:19 ET
TAKBO GROUP: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Futu NewsMar 27 10:52 ET · Announcements
Debao Group Holdings (08436.HK) Yingxi: Net profit is expected to increase sharply to about 14.7 million yuan in 2023
Gelonghui, March 14, 丨 Debao Group Holdings (08436.HK) announced that the profit attributable to the Group's equity holders for the year ended December 31, 2023 is expected to increase significantly to about $14.7 million compared with HK$1 million in 2022. The increase in net profit was mainly due to the following reasons: 1. Transfer of the product portfolio to highly profitable products; 2. Reduced sales expenses; 3. Increased interest income; and 4. Reduced exchange losses.
Gelonghui FinanceMar 13 18:27 ET
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