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Continental Holdings Reports Improved Revenue but Continues to Face Losses

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Continental Holdings Reports Improved Revenue but Continues to Face Losses

Elevate Your Investing Strategy:

Continental Holdings Limited ( (HK:0513) ) just unveiled an announcement.

Continental Holdings Limited, a company listed on the Hong Kong Stock Exchange, reported its unaudited consolidated interim results for the six months ended December 31, 2024. The company experienced a revenue increase to HK$329,326,000 from HK$200,183,000 in the same period the previous year. However, despite the revenue growth, the company reported a loss for the period of HK$20,342,000, which is an improvement from the HK$35,589,000 loss in 2023. The results indicate a challenging financial environment, with significant costs impacting profitability, although there was a slight improvement in gross profit.

More about Continental Holdings Limited

YTD Price Performance: -5.29%

Average Trading Volume: 31,624

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$110M

See more insights into 0513 stock on TipRanks’ Stock Analysis page.

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