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China Financial International Reports Positive Turnaround Amid Trading Suspension

Story Highlights
  • The company reported a profit of HK$27.9 million for the year ended 30 June 2024.
  • Trading remains suspended, potentially affecting market positioning and stakeholder confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Financial International Reports Positive Turnaround Amid Trading Suspension

Elevate Your Investing Strategy:

The latest announcement is out from China Financial International Investments Limited ( (HK:0721) ).

China Financial International Investments Limited announced its annual results for the year ended 30 June 2024, reporting a significant turnaround with a profit of HK$27.9 million compared to a loss of HK$387.2 million the previous year. Despite the positive financial results, the company continues to face challenges as trading remains suspended, which could impact its market positioning and stakeholder confidence.

More about China Financial International Investments Limited

China Financial International Investments Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the financial sector, focusing on investments and financial services.

YTD Price Performance: -10.0%

Technical Sentiment Signal: Buy

Current Market Cap: HK$296.2M

See more data about 0721 stock on TipRanks’ Stock Analysis page.

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