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The latest update is out from Art Group Holdings Ltd. ( (HK:0565) ).
Art Group Holdings Limited announced its unaudited interim financial results for the six months ending December 31, 2024. The company reported a revenue increase to HK$89,296,000 compared to HK$70,311,000 in the same period in 2023. Despite a gross profit decline, the company achieved a turnaround with a profit of HK$26,654,000, compared to a loss of HK$38,290,000 in the previous year. This improvement was driven by significant gains from the termination of leases and bargain purchases, despite losses on investment properties.
More about Art Group Holdings Ltd.
YTD Price Performance: -12.24%
Average Trading Volume: 5,073,044
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$3.47B
For an in-depth examination of 0565 stock, go to TipRanks’ Stock Analysis page.