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CMBC Capital Holdings Reports Turnaround with HK$50.8 Million Profit in 2024

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CMBC Capital Holdings Reports Turnaround with HK$50.8 Million Profit in 2024

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The latest update is out from CMBC Capital Holdings Limited ( (HK:1141) ).

CMBC Capital Holdings Limited reported its annual results for the year ended December 31, 2024, showing a significant turnaround with a profit of HK$50.8 million compared to a loss of HK$572.3 million in the previous year. This improvement is attributed to gains on financial assets and reduced impairment losses, indicating a positive shift in the company’s financial health and operational strategy.

More about CMBC Capital Holdings Limited

CMBC Capital Holdings Limited is a financial services company incorporated in Bermuda, focusing on investment and capital management services.

YTD Price Performance: -46.67%

Technical Sentiment Signal: Strong Buy

Current Market Cap: €39.39M

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