Greenheart Group ( (HK:0094) ) has issued an announcement.
Greenheart Group Limited announced its audited consolidated results for the year ended December 31, 2024, revealing a significant decline in revenue from HK$90,982,000 in 2023 to HK$51,872,000 in 2024. The company reported a gross loss of HK$58,612,000 and a total comprehensive expense of HK$196,836,000 for the year, attributing these results to factors such as fair value loss on plantation forest assets and increased finance costs. This financial performance may impact the company’s operations and its positioning within the forestry industry, potentially affecting stakeholders’ confidence.
More about Greenheart Group
Greenheart Group Limited is a company incorporated in Bermuda with limited liability, primarily engaged in the forestry industry. The company focuses on the management and sustainable development of forest resources, providing timber and related products.
YTD Price Performance: -8.00%
Average Trading Volume: 600,389
Technical Sentiment Signal: Buy
Current Market Cap: HK$85.33M
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