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Beijing North Star Company ( (HK:0588) ) just unveiled an announcement.
Beijing North Star Company Limited has announced an estimated net loss for the year ending December 31, 2024. The loss is projected to be between RMB2.41 billion and RMB3.23 billion, excluding gains or losses from changes in the fair value of investment properties. Despite this, the company maintains a cash balance of approximately RMB7.9 billion, indicating sufficient capital reserves and clear financing channels for secure operations. Stakeholders are advised to exercise caution when dealing in the company’s securities.
More about Beijing North Star Company
YTD Price Performance: 5.00%
Average Trading Volume: 16,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $708.6M
Find detailed analytics on 0588 stock on TipRanks’ Stock Analysis page.