Fullshare Holdings will return to profit in the first half of 2022 whose value is undervalued by the market
Sep 8, 2022
1 minute read
(08 September 2022, Hong Kong) Fullshare Holdings (00607.HK) recently released its interim results for the first six months of 2022, reporting a net profit of 206 million yuan after tax on revenue of 9.98 billion yuan, up from a loss of 365 million yuan in the same period last year. From the data disclosed in the semi-annual report, the total current assets increased by 32.93% year-on-year to 31.609 billion yuan. With relatively abundant cash flow, the company’s total equity capital of 17.823 billion yuan, while the company’s market value is only 3.512 billion yuan.