UK's RC365 Holding falls on higher FY loss
26/07/2023 08:45
** Shares of financial technology firm RC365 Holding Plc
RCGH.L down 3.5% to 140p
** Co, headquartered in Hong Kong, reports FY loss of HK$5.4
million ($691,766.70) vs loss of HK$3.9 mln a year ago, says
continues to develop products and services to attract new
customers
** Posts cash and cash equivalents of HK$9.5 mln as at March
31, down from HK$23.4 mln in 2022
** RCGH board optimistic about 2024 outlook
** As of last close, stock up ~152.5% YTD
($1 = 7.8061 Hong Kong dollars)
(Reporting by Yamini Kalia in Bengaluru)
((Yamini.Kalia@thomsonreuters.com))