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TFG International Group Limited ( (HK:0542) ) has shared an announcement.
China Cultural Tourism and Agriculture Group Limited reported its audited consolidated financial results for the year ending December 31, 2024, showing a significant decrease in revenue from HK$305,020,000 in 2023 to HK$216,159,000 in 2024. The company faced a substantial loss of HK$232,075,000 for the year, attributed to various factors including impairment losses on properties and expected credit losses, impacting its financial stability and market positioning.
More about TFG International Group Limited
China Cultural Tourism and Agriculture Group Limited, incorporated in the Cayman Islands, operates in the cultural tourism and agriculture sectors. The company’s primary focus is on developing and managing tourism and agricultural projects, contributing to the cultural and agricultural development in its market.
YTD Price Performance: 14.29%
Average Trading Volume: 4,724,162
Technical Sentiment Signal: Buy
Current Market Cap: HK$615M
For an in-depth examination of 0542 stock, go to TipRanks’ Stock Analysis page.