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China Shenghai Group Limited ( (HK:1676) ) has shared an update.
China Shenghai Group Limited reported its unaudited consolidated financial results for the six months ending December 31, 2024. The company experienced a total comprehensive loss of RMB 40,960,000, a slight increase from the previous year’s loss of RMB 40,312,000. Despite a gross profit of RMB 10,348,000, the company faced challenges with increased administrative expenses and a decrease in revenue compared to the same period last year. These results highlight ongoing financial difficulties and may impact the company’s market positioning and stakeholder confidence.
More about China Shenghai Group Limited
YTD Price Performance: 7.69%
Average Trading Volume: 1,859,899
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$79.15M
Find detailed analytics on 1676 stock on TipRanks’ Stock Analysis page.