tiprankstipranks
Rich Goldman Holdings Reports Annual Financial Loss
Company Announcements

Rich Goldman Holdings Reports Annual Financial Loss

Rich Goldman Holdings Limited (HK:0070) has released an update.

Pick the best stocks and maximize your portfolio:

Rich Goldman Holdings Limited reported a significant loss for the fiscal year ended June 30, 2024, with a total comprehensive loss of HK$52.66 million compared to the previous year. The company experienced a sizeable decrease in profitability with a loss per share of HK$2.60, reflecting challenges such as higher costs of services, fair value loss on investment properties, and increased finance costs. These results indicate substantial fiscal downturns and might interest investors for their potential impact on stock performance.

For further insights into HK:0070 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskRich Goldman Secures HK$200 Million Loan Facility
TipRanks HongKong Auto-Generated NewsdeskRich Goldman Holdings Divests Subsidiary for HK$59.67 Million
TipRanks HongKong Auto-Generated NewsdeskRich Goldman Holdings Reports Unanimous AGM Success
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App