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Great China Holdings Reports Decreased Profits

Great China Holdings Reports Decreased Profits

Great China Holdings (Hong Kong) Limited (HK:0021) has released an update.

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Great China Holdings (Hong Kong) Limited has reported its interim financial results for the first half of 2024, revealing a profit of HK$8,121,000, which is significantly lower compared to HK$28,060,000 for the same period in 2023. The company also experienced a total comprehensive loss of HK$31,957,000, due to substantial foreign exchange losses. Earnings per share dropped from HK0.71 cents in 2023 to HK0.20 cents in 2024.

For further insights into HK:0021 stock, check out TipRanks’ Stock Analysis page.

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