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Chinese People Holdings Co. Ltd. ( (HK:0681) ) has shared an update.
Chinese People Holdings Co. Ltd. has announced a significant turnaround in its financial performance for the fiscal year ending December 31, 2024, expecting a profit of approximately RMB 59 million compared to a loss of RMB 227 million in the previous year. This improvement is primarily attributed to the company’s joint ventures, which contributed a profit of RMB 70 million, marking a substantial recovery from the previous year’s losses. The company is finalizing its consolidated financial statements, and the audited results are expected to be published on March 31, 2025.
More about Chinese People Holdings Co. Ltd.
Chinese People Holdings Co. Ltd. is a company incorporated in Bermuda with limited liability, listed on the Hong Kong Stock Exchange. The company operates in various sectors, focusing on investments and joint ventures.
Technical Sentiment Signal: Strong Buy
Current Market Cap: €22.41M
For a thorough assessment of 0681 stock, go to TipRanks’ Stock Analysis page.