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E-House (China) Implements Measures to Address Financial Challenges

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E-House (China) Implements Measures to Address Financial Challenges

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The latest announcement is out from E-House (China) Enterprise Holdings Limited ( (HK:2048) ).

E-House (China) Enterprise Holdings Limited has announced measures to address its going concern issue by disposing of 33 assets for RMB11.7 million, repaying bank loans of RMB24.5 million, and reducing staff numbers. The company is committed to improving its financial position through effective cost control and debt restructuring, aiming to ensure liquidity and sustain operations.

More about E-House (China) Enterprise Holdings Limited

E-House (China) Enterprise Holdings Limited operates in the real estate services industry, offering a range of services including real estate agency, brokerage, and consulting. The company focuses on the Chinese market, providing comprehensive real estate solutions to developers, property owners, and investors.

Average Trading Volume: 1,117,504

Technical Sentiment Signal: Sell

Current Market Cap: HK$167.9M

Find detailed analytics on 2048 stock on TipRanks’ Stock Analysis page.

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