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China Uptown Group Reports 2024 Financial Results and Announces Key Changes

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China Uptown Group Reports 2024 Financial Results and Announces Key Changes

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The latest update is out from China Uptown Group Co. Ltd. ( (HK:2330) ).

China Uptown Group Co. Ltd. reported its audited consolidated financial results for the year ended December 31, 2024, revealing a significant increase in revenue from RMB 4,442,000 in 2023 to RMB 23,322,000 in 2024. Despite the revenue growth, the company experienced a loss before taxation of RMB 53,349,000, slightly higher than the previous year’s loss. The announcement also included the appointment of a new member to the Nomination Committee and the resumption of trading, which may impact the company’s governance and market activities.

More about China Uptown Group Co. Ltd.

China Uptown Group Co. Ltd. is a company incorporated in the Cayman Islands with limited liability, listed on the Hong Kong Stock Exchange. The company operates in the real estate sector, focusing on property development and sales.

YTD Price Performance: 16.25%

Average Trading Volume: 1,472,109

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$85.19M

For an in-depth examination of 2330 stock, go to TipRanks’ Stock Analysis page.

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