China International Development Corporation Limited (HK:0264) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
China International Development Corporation Limited has reported a loss for the six-month period ending 30 June 2024, with unaudited financial results showing a decrease in revenue and gross profit compared to the same period in 2023. The company experienced a loss of HK$9,549,000 for the period, which is an increase in losses from the previous year, despite attempts to reduce administrative and operating expenses. This financial update is critical for shareholders and potential investors as it reflects the company’s current economic challenges.
For further insights into HK:0264 stock, check out TipRanks’ Stock Analysis page.