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C Cheng Holdings Reports Decrease in Contracts and Revenue for 2024

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C Cheng Holdings Reports Decrease in Contracts and Revenue for 2024

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C Cheng Holdings Ltd. ( (HK:1486) ) has shared an announcement.

C Cheng Holdings Limited announced its annual results for the year ended 31 December 2024, reporting a significant decrease in total new and supplementary contracts by 41.1% and a 14.0% reduction in remaining contract sums from continuing operations. The company’s revenue from continuing operations fell by 11.7%, and it reported a loss of HK$14,419,000, an improvement from the previous year’s loss. Despite the financial challenges, the company managed to reduce its overall loss, although no final dividend was proposed.

More about C Cheng Holdings Ltd.

C Cheng Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in providing architectural and engineering services. The company operates in the construction and design industry, focusing on securing contracts for various projects.

YTD Price Performance: -14.29%

Average Trading Volume: 62,173

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$86.48M

Find detailed analytics on 1486 stock on TipRanks’ Stock Analysis page.

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