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TFG International Group Limited ( (HK:0542) ) just unveiled an update.
China Cultural Tourism and Agriculture Group Limited has implemented several strategic measures to address liquidity pressures and improve its financial standing. These measures include achieving significant property sales growth, disposing of loss-making subsidiaries, extending loan maturities, and restructuring debt through the issuance of perpetual securities. These actions are expected to enhance the company’s financial performance and stability, potentially benefiting stakeholders by reducing liabilities and improving the net asset position.
The most recent analyst rating on (HK:0542) stock is a Hold with a HK$0.82 price target. To see the full list of analyst forecasts on TFG International Group Limited stock, see the HK:0542 Stock Forecast page.
More about TFG International Group Limited
China Cultural Tourism and Agriculture Group Limited operates within the tourism and agriculture sectors, focusing on property sales and development. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 1,102,271
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.21B
Learn more about 0542 stock on TipRanks’ Stock Analysis page.