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China Ting Group Holdings Limited ( (HK:3398) ) has issued an announcement.
China Ting Group Holdings Limited reported its annual results for the year ended December 31, 2024, showing a decline in revenue across its OEM and fashion retail businesses, with a notable increase in its property investment segment. The company faced an operating loss of HK$434.6 million, exacerbated by fair value losses on investment properties and provisions for impairment losses. Despite these challenges, the company’s equity attributable to shareholders remains substantial, although it has decreased compared to the previous year.
More about China Ting Group Holdings Limited
China Ting Group Holdings Limited operates in the fashion and textile industry, focusing on OEM manufacturing, fashion retail, and property investment. The company is incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange.
YTD Price Performance: -18.18%
Average Trading Volume: 194,965
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$245.7M
See more insights into 3398 stock on TipRanks’ Stock Analysis page.