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China International Development Corporation Limited ( (HK:0264) ) has issued an update.
China International Development Corporation Limited reported its annual financial results for the year ending December 31, 2024. The company experienced a decrease in revenue from HK$30,298,000 in 2023 to HK$21,961,000 in 2024, with a gross profit increase from HK$5,681,000 to HK$6,601,000. Despite the rise in gross profit, the company faced a net loss of HK$17,072,000, which was an improvement from the previous year’s loss of HK$27,909,000. The results indicate challenges in cost management and revenue generation, impacting the company’s financial health and potentially affecting stakeholder confidence.
More about China International Development Corporation Limited
China International Development Corporation Limited is incorporated in the Cayman Islands and operates in a diverse industry sector, focusing on various products and services. The company is listed on the Hong Kong Stock Exchange under the stock code 264.
YTD Price Performance: 56.41%
Average Trading Volume: 2,385,052
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.05B
For detailed information about 0264 stock, go to TipRanks’ Stock Analysis page.