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An announcement from China Electronics Optics Valley Union Holding Co., Ltd. ( (HK:0798) ) is now available.
China Electronics Optics Valley Union Holding Co., Ltd. announced a significant expected decline in profit for the year ending December 31, 2024, with projections between RMB85 million to RMB115 million, compared to RMB526.8 million in 2023. This decrease is attributed to reduced revenue from industrial park services due to unfavorable macroeconomic conditions and a downturn in China’s property sector, impacting customer demand.
More about China Electronics Optics Valley Union Holding Co., Ltd.
China Electronics Optics Valley Union Holding Co., Ltd. operates in the industrial park sector, providing operation and development services. The company is focused on the Chinese market, particularly in the property sector.
Average Trading Volume: 418,530
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$1.84B
For an in-depth examination of 0798 stock, go to TipRanks’ Stock Analysis page.