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The latest update is out from Cosmopolitan International Holdings Limited ( (HK:0120) ).
Cosmopolitan International Holdings Limited reported a significant increase in revenue for 2024, but also a higher loss compared to the previous year, primarily due to the sluggish property market in China and increased impairment provisions. Despite these challenges, the company is optimistic about future revenue generation from its development projects in Chengdu and Tianjin, as market conditions begin to improve following government stimulus policies.
More about Cosmopolitan International Holdings Limited
Cosmopolitan International Holdings Limited operates in the property development industry, focusing on composite development projects. The company is engaged in the commercial and retail property markets, with significant projects in Chengdu and Tianjin, China.
YTD Price Performance: -24.29%
Average Trading Volume: 1,535,246
Technical Sentiment Signal: Buy
Current Market Cap: HK$155.7M
For an in-depth examination of 0120 stock, go to TipRanks’ Stock Analysis page.