An announcement from Lippo China Resources Limited ( (HK:0156) ) is now available.
Lippo China Resources Limited reported its consolidated final results for the year ended December 31, 2024, revealing a significant increase in losses compared to the previous year. The company faced a total comprehensive loss of HK$751.7 million, attributed to factors such as litigation settlements, impairment losses on fixed assets, and net fair value losses on financial instruments and investment properties. Despite an increase in revenue, the company’s financial performance was adversely affected, impacting its stakeholders and market positioning.
More about Lippo China Resources Limited
Lippo China Resources Limited is a company incorporated in Hong Kong with limited liability, operating in various sectors including property investment and development, food businesses, and financial services. The company is listed on the Hong Kong Stock Exchange under the stock code 156.
YTD Price Performance: 22.97%
Average Trading Volume: 127,594
Technical Sentiment Signal: Buy
Current Market Cap: HK$836M
Learn more about 0156 stock on TipRanks’ Stock Analysis page.