CHINA HONGBAO (08316) announces annual results, with a net profit of 4.641 million Hong Kong dollars for the year, turning a loss into a profit compared to the previous year.
Chinese Red Packet (08316) announced its annual performance for the year ending March 31, 2026. The group achieved a revenue of 116 million Hong Kong dollars, representing a year-on-year increase of 43.61%. The net profit for the year was 4.641 million Hong Kong dollars, turning from a loss to a profit compared to the previous year. Earnings per share were 0.49 Hong Kong cents.
China Hongbao (08316) announced its full-year performance for the year ending March 31, 2026. The group achieved a revenue of HK$116 million, representing a 43.61% year-on-year increase; a net profit of HK$4.641 million, turning losses into profits year-on-year; and an earnings per share of HK$0.49.
The announcement stated that the revenue growth was mainly driven by the significant expansion of the group's internet services division in the 2026 fiscal year.
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