tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Beijing North Star Projects Continued Losses for H1 2025

Story Highlights
Beijing North Star Projects Continued Losses for H1 2025

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Beijing North Star Company ( (HK:0588) ) has shared an announcement.

Beijing North Star Company Limited has announced an estimated net loss for the first half of 2025, ranging from RMB1,401,000,000 to RMB1,791,000,000, excluding gains or losses from changes in the fair value of investment properties. Despite the continued losses, the company maintains a cash balance of approximately RMB7.4 billion, indicating sufficient capital reserves and clear financing channels for secure operations. Shareholders and potential investors are advised to exercise caution when dealing with the company’s securities.

More about Beijing North Star Company

YTD Price Performance: 37.18%

Average Trading Volume: 28,528,462

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.32B

Learn more about 0588 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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
1