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ArtGo Holdings Reports Decrease in Revenue but Reduced Losses for 2024

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ArtGo Holdings Reports Decrease in Revenue but Reduced Losses for 2024

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ArtGo Holdings Ltd. ( (HK:3313) ) has provided an update.

ArtGo Holdings Ltd. reported a decrease in revenue to approximately RMB71.6 million for the year ended December 31, 2024, marking a 7.6% decline from the previous year. Despite the revenue drop, the company reduced its loss before tax to RMB285.0 million, a significant improvement from the previous year’s loss of RMB393.1 million. The results indicate a challenging year for ArtGo Holdings, but the reduction in losses suggests some operational improvements or cost management efforts.

More about ArtGo Holdings Ltd.

ArtGo Holdings Ltd. is a company incorporated in the Cayman Islands, engaged in industries related to mining and property investment. The company focuses on the extraction and sale of marble and other related products, and it operates within the broader mining sector.

YTD Price Performance: -20.0%

Average Trading Volume: 1,395,456

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$237M

For a thorough assessment of 3313 stock, go to TipRanks’ Stock Analysis page.

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