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China Vered Financial Reports Strong Turnaround in 2024

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China Vered Financial Reports Strong Turnaround in 2024

Confident Investing Starts Here:

The latest announcement is out from China Vered Financial Holding Corporation Limited ( (HK:0245) ).

China Vered Financial Holding Corporation Limited announced its annual results for the year ended December 31, 2024, reporting a significant turnaround with a profit of HK$223.2 million compared to a loss in the previous year. The company’s performance was bolstered by a substantial net gain on financial assets and liabilities, despite a decrease in total revenue and increased staff costs. This positive outcome may enhance the company’s market positioning and provide confidence to stakeholders.

More about China Vered Financial Holding Corporation Limited

China Vered Financial Holding Corporation Limited operates in the financial services industry, providing a range of services including interest income, commission and fee income, and investment income. The company is incorporated in Hong Kong and is listed on the Stock Exchange of Hong Kong.

Technical Sentiment Signal: Strong Buy

Current Market Cap: €190.5M

For an in-depth examination of 0245 stock, go to TipRanks’ Stock Analysis page.

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