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China First Capital Group Reports Increased Revenue but Rising Losses in 2024

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China First Capital Group Ltd. ( (HK:1269) ) just unveiled an announcement.

China First Capital Group Ltd. reported its annual results for the year ended December 31, 2024, showing a revenue increase of 19.3% to RMB 2,187.2 million compared to the previous year. However, the company also reported a 13.2% increase in losses attributable to its owners, totaling RMB 393.2 million. Despite a rise in total assets by 10%, the company faced a significant deficit in equity, which increased by 27.8%. This financial performance reflects ongoing challenges in managing costs and liabilities, impacting its market positioning and stakeholder interests.

More about China First Capital Group Ltd.

China First Capital Group Ltd. is a company incorporated in the Cayman Islands, operating primarily in the financial sector. The company is listed on the Hong Kong Stock Exchange and engages in various financial services.

YTD Price Performance: -38.33%

Average Trading Volume: 922,391

Technical Sentiment Signal: Buy

Current Market Cap: HK$66.53M

See more insights into 1269 stock on TipRanks’ Stock Analysis page.

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