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China Beidahuang Reports Significant Losses in 2024 Annual Results

Story Highlights
  • China Beidahuang reported a total comprehensive expense of HK$521,468,000 for 2024.
  • The company faced decreased revenue and increased losses, impacting its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Beidahuang Reports Significant Losses in 2024 Annual Results

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An announcement from China Beidahuang Industry Group Holdings Ltd. ( (HK:0039) ) is now available.

China Beidahuang Industry Group Holdings Ltd. reported its audited consolidated annual results for the year ended December 31, 2024. The company experienced a significant loss for the year, with a total comprehensive expense of HK$521,468,000, compared to HK$174,397,000 in 2023. The loss from continuing operations was HK$28,097,000, and the loss from discontinued operations was HK$271,645,000. The financial results indicate challenges in the company’s operations, with decreased revenue and increased losses impacting its market position and stakeholder confidence.

More about China Beidahuang Industry Group Holdings Ltd.

China Beidahuang Industry Group Holdings Ltd. is a company incorporated in the Cayman Islands, operating primarily in the agriculture and food industry. The company focuses on various agricultural products and services, catering to a diverse market.

YTD Price Performance: 80.0%

Average Trading Volume: 6,992,950

Technical Sentiment Signal: Sell

Current Market Cap: HK$816.5M

Find detailed analytics on 0039 stock on TipRanks’ Stock Analysis page.

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