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Lerado Financial Group Co. Ltd. ( (HK:1225) ) has provided an update.
Lerado Financial Group Co. Ltd. reported its annual results for the year ended December 31, 2024, showing a significant decrease in revenue from HK$191,422,000 in 2023 to HK$157,235,000 in 2024. The company experienced a net loss of HK$174,286,000, which is an improvement from the previous year’s loss of HK$279,395,000. The results reflect challenges in the market, with increased marketing and administrative expenses impacting the bottom line. Despite the losses, the company showed a reduction in finance costs and impairment losses, indicating efforts to stabilize its financial position.
More about Lerado Financial Group Co. Ltd.
Lerado Financial Group Co. Ltd. is a company incorporated in Bermuda with limited liability, primarily engaged in financial services. The company is listed on the Hong Kong Stock Exchange under the stock code 1225.
YTD Price Performance: -6.83%
Average Trading Volume: 113,437
Technical Sentiment Signal: Buy
Current Market Cap: HK$34.55M
For an in-depth examination of 1225 stock, go to TipRanks’ Stock Analysis page.