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G-Resources Group Announces Robust Interim Profits

G-Resources Group Announces Robust Interim Profits

G-Resources Group (HK:1051) has released an update.

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G-Resources Group Limited has reported a significant financial turnaround with their latest interim results, posting a profit of $40,348,000 for the six months ended 30 June 2024, a stark contrast to the loss of $5,337,000 in the same period last year. The improvement is attributed to a notable rise in revenue streams including interest, dividend, fee, commission, and rental incomes, alongside a positive fair value change of financial assets. These results signal a robust recovery and a positive outlook for the company’s financial health.

For further insights into HK:1051 stock, check out TipRanks’ Stock Analysis page.

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