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Art Group Holdings Ltd. Reports Reduced Losses
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Art Group Holdings Ltd. Reports Reduced Losses

Art Group Holdings Ltd. (HK:0565) has released an update.

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Art Group Holdings Ltd. has announced a significant reduction in its net loss, expected to be at least HK$270 million for the fiscal year ending June 2024, compared to HK$683 million the previous year. This improvement is attributed to changes in the fair value of investment properties and an impairment loss on rental deposits. The company’s trading remains suspended amid these financial updates.

For further insights into HK:0565 stock, check out TipRanks’ Stock Analysis page.

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