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China Tianbao Group Reports Annual Loss Amid Revenue Decline

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China Tianbao Group Reports Annual Loss Amid Revenue Decline

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The latest announcement is out from China Tianbao Group Development Company Limited ( (HK:1427) ).

China Tianbao Group Development Company Limited announced its annual results for the year ended December 31, 2024, reporting a significant decline in revenue and profitability compared to the previous year. The company experienced a decrease in revenue from both its construction contracting and property development businesses, leading to a reported loss of RMB 165,554,000. The board has decided not to recommend a final dividend for the year, reflecting the challenging financial performance.

More about China Tianbao Group Development Company Limited

China Tianbao Group Development Company Limited operates in the construction contracting and property development sectors. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -4.37%

Average Trading Volume: 180,673

Technical Sentiment Signal: Buy

Current Market Cap: HK$192.3M

For an in-depth examination of 1427 stock, go to TipRanks’ Stock Analysis page.

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