An announcement from Red Star Macalline Group Corporation Ltd Class H ( (HK:1528) ) is now available.
Red Star Macalline Group Corporation Ltd announced its annual results for the year ending December 31, 2024, reporting a significant decrease in revenue and an increase in losses compared to the previous year. The company experienced a decline in the number of shopping malls and operating area, with a slight decrease in occupancy rates, indicating challenges in its operational performance and market positioning.
More about Red Star Macalline Group Corporation Ltd Class H
Red Star Macalline Group Corporation Ltd is a sino-foreign joint stock company based in China, operating primarily in the retail and commercial real estate sectors. The company focuses on managing and operating shopping malls across various cities, providing retail spaces and related services.
YTD Price Performance: -21.43%
Average Trading Volume: 344
Technical Sentiment Signal: Strong Buy
Current Market Cap: €1.55B
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