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Beijing Properties Reports Interim Financial Losses

Beijing Properties Reports Interim Financial Losses

Beijing Properties (Holdings) Limited (HK:0925) has released an update.

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Beijing Properties (Holdings) Limited has reported unaudited interim financial results for the first half of 2024, revealing a reduction in revenue and a net loss for the period. The company experienced a decrease in gross profit compared to the same period in 2023, with a loss per share of RMB(1.22) cents. Despite the downturn, the loss before tax has narrowed slightly from the previous year.

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