According to a preliminary assessment of the latest financial data, ULFERTS (01711) expects its net loss for the fiscal year ending March 31, 2026, to narrow substantially to no more than HK$5 million, compared to a net loss of HK$41 million in the previous fiscal year. This improvement is primarily attributable to a reduction in impairment losses for the year and the implementation of effective cost-control measures by the group.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.