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Ev Dynamics Reports Substantial Reduction in Losses

Ev Dynamics Reports Substantial Reduction in Losses

Ev Dynamics (Holdings) Limited (HK:0476) has released an update.

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Ev Dynamics (Holdings) Limited has announced a significant reduction in its financial losses for the six months ending September 2024, with an expected loss between HK$20 million to HK$22 million, compared to HK$99.3 million in the same period last year. This improvement is mainly due to a decrease in the loss on the fair value of financial assets. Investors are advised to stay cautious as these results are preliminary and subject to final adjustments.

For further insights into HK:0476 stock, check out TipRanks’ Stock Analysis page.

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