Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Guorui Properties Ltd ( (HK:2329) ) has shared an announcement.
Glory Health Industry Limited has provided an update on its efforts to address a disclaimer of opinion issued by its auditors regarding its financial statements for the year ended December 31, 2024. The company has completed the Xi’an Guorui Financial Center Building, which is expected to aid in sales and cash flow recovery. Additionally, a significant loan extension has been approved, and the company is actively seeking buyers for several projects to ease liquidity problems and reduce debt. The management is committed to achieving debt restructuring and asset disposal goals within 2025.
More about Guorui Properties Ltd
Glory Health Industry Limited, incorporated in the Cayman Islands, operates in the real estate sector, focusing on property development and management. The company is involved in various projects across China, aiming to address liquidity issues and debt restructuring.
YTD Price Performance: 78.43%
Average Trading Volume: 4,283,855
Technical Sentiment Signal: Buy
Current Market Cap: HK$808.9M
See more data about 2329 stock on TipRanks’ Stock Analysis page.