China Properties Investment Holdings Limited (HK:0736) has released an update.
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China Properties Investment Holdings Limited reported a significant reduction in its losses for the six months ending September 2024, with a net loss of HK$41.09 million compared to HK$138.50 million in the prior year. Despite an increase in revenue to HK$49.22 million, the company faced valuation losses on investment properties and other expenses. Investors may find interest in the company’s improved financial position and its potential for future recovery.
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