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Grand Field Group Holdings Reports Significant Annual Loss for 2024

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Grand Field Group Holdings Reports Significant Annual Loss for 2024

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Grand Field Group Holdings Ltd. ( (HK:0115) ) has issued an announcement.

Grand Field Group Holdings Ltd. reported its audited consolidated annual results for the year ended 31 December 2024, showing a significant financial downturn. The company experienced a substantial loss of HK$386.6 million compared to a loss of HK$73.2 million in the previous year, primarily due to a decrease in gross profit and other income, coupled with increased losses from operations and finance costs. This downturn could impact the company’s market positioning and stakeholder confidence.

More about Grand Field Group Holdings Ltd.

Grand Field Group Holdings Ltd. is a company incorporated in Bermuda with limited liability, operating in the industry of diversified holdings. The company and its subsidiaries focus on various business operations, although specific primary products or services are not detailed in the announcement.

YTD Price Performance: -30.33%

Average Trading Volume: 1,987

Technical Sentiment Signal: Buy

Current Market Cap: HK$52.05M

See more data about 0115 stock on TipRanks’ Stock Analysis page.

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