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The latest announcement is out from Chinese Estates (Holdings) ( (HK:0127) ).
Chinese Estates Holdings Limited, a company listed on the Hong Kong Stock Exchange, reported its final audited financial results for the year ending December 31, 2024. The company experienced a significant financial downturn, reporting a loss of HK$2,107,920,000 compared to a profit of HK$77,139,000 in the previous year. This decline was primarily due to substantial fair value changes on investment properties and increased administrative expenses, impacting the company’s overall financial performance and market position.
More about Chinese Estates (Holdings)
YTD Price Performance: 2.67%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $282.2M
See more data about 0127 stock on TipRanks’ Stock Analysis page.