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Hongkong Chinese Limited Reports Significant Financial Losses for 2024

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Hongkong Chinese Limited ( (HK:0655) ) has issued an announcement.

Hongkong Chinese Limited reported a significant financial downturn for the year ending December 31, 2024, with a consolidated net loss of HK$1,200,555,000 compared to a profit of HK$156,158,000 in the previous year. The company’s performance was adversely affected by substantial losses from joint ventures and other comprehensive losses, resulting in a total comprehensive loss of HK$1,597,297,000, highlighting challenges in its operational and financial strategies.

More about Hongkong Chinese Limited

Hongkong Chinese Limited is a company incorporated in Bermuda with limited liability, and it is listed on the Stock Exchange of Hong Kong. The company operates in various sectors, but specific details about its industry, primary products, or services are not provided in the release.

YTD Price Performance: -16.67%

Average Trading Volume: 2,000

Technical Sentiment Signal: Strong Buy

Current Market Cap: €59.27M

For a thorough assessment of 0655 stock, go to TipRanks’ Stock Analysis page.

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