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China Everbright Reports Increased Losses Amid Investment Challenges

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China Everbright ( (HK:0165) ) just unveiled an announcement.

China Everbright Limited reported its consolidated financial results for the year ending December 31, 2024, revealing a significant loss of HK$1,864,659,000, compared to a loss of HK$1,762,269,000 in the previous year. The company’s financial performance was impacted by unrealized losses on investments and high finance costs, despite an increase in dividend income, highlighting challenges in its investment strategies and market conditions.

More about China Everbright

China Everbright Limited is a financial services company incorporated in Hong Kong, focusing on investment management and financial services. It operates through various subsidiaries, providing a range of services including asset management, direct investment, and investment banking.

YTD Price Performance: -5.54%

Average Trading Volume: 3,767

Technical Sentiment Signal: Sell

Current Market Cap: $1.1B

For an in-depth examination of 0165 stock, go to TipRanks’ Stock Analysis page.

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