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China Everbright’s Ying Li Subsidiary Reports Decline in 2024 Financial Results

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China Everbright’s Ying Li Subsidiary Reports Decline in 2024 Financial Results

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An update from China Everbright ( (HK:0165) ) is now available.

Ying Li International Real Estate Limited, a subsidiary of China Everbright Limited, reported its unaudited financial results for the six and twelve months ending December 31, 2024. The results showed a decline in revenue and profit compared to the previous year, with significant fair value losses on investment properties impacting the overall financial performance. The announcement highlights challenges faced by the Ying Li Group, reflecting broader market conditions and potentially affecting stakeholder confidence.

More about China Everbright

China Everbright Limited is a diversified financial services company based in Hong Kong. It operates in various sectors including real estate, asset management, and investment banking, with a focus on providing comprehensive financial solutions across Asia.

YTD Price Performance: 7.85%

Average Trading Volume: 3,525

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.19B

For detailed information about 0165 stock, go to TipRanks’ Stock Analysis page.

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