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Beijing North Star Reports Significant Financial Losses in 2024

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Beijing North Star Reports Significant Financial Losses in 2024

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An update from Beijing North Star Company ( (HK:0588) ) is now available.

Beijing North Star Company Limited announced its annual results for 2024, revealing a significant financial downturn. The company reported a consolidated revenue of RMB 7,152,407,000, a sharp decline from the previous year, resulting in a gross loss of RMB 698,049,000. The overall loss for the year amounted to RMB 3,586,213,000, highlighting substantial challenges in cost management and financial performance. This downturn may impact the company’s market positioning and stakeholder confidence.

More about Beijing North Star Company

Beijing North Star Company Limited operates in the real estate and property development industry, focusing on the development, management, and investment of properties. The company is known for its comprehensive services in property development and management, catering to both residential and commercial markets.

YTD Price Performance: 5.00%

Average Trading Volume: 2,000

Technical Sentiment Signal: Buy

Current Market Cap: $704.5M

Find detailed analytics on 0588 stock on TipRanks’ Stock Analysis page.

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