Art Group Holdings Ltd. (HK:0565) has released an update.
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Art Group Holdings Ltd. announced their audited financial results for the year ending June 30, 2024, revealing a significant decline in revenue and a substantial net loss of HK$270.8 million, compared to a HK$683.4 million loss in 2023. The company faced challenges with a notable loss due to fair value changes in investment properties, despite gains from lease modifications. Trading of the company’s stock is set to resume following this announcement.
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