tiprankstipranks
Trending News
More News >

Guangdong – Hong Kong Greater Bay Area Holdings Reports Increased Annual Loss for 2024

Story Highlights
Guangdong – Hong Kong Greater Bay Area Holdings Reports Increased Annual Loss for 2024

Confident Investing Starts Here:

Guangdong – Hong Kong Greater Bay Area Holdings Ltd. ( (HK:1396) ) has issued an announcement.

Guangdong – Hong Kong Greater Bay Area Holdings Ltd. announced its annual results for the year ending December 31, 2024, reporting a significant loss of RMB 2,041,311,000, compared to a loss of RMB 1,205,615,000 in the previous year. The company’s financial performance was impacted by a decrease in revenue, increased costs, and losses from investment properties, posing challenges for its market positioning and stakeholder confidence.

More about Guangdong – Hong Kong Greater Bay Area Holdings Ltd.

Guangdong – Hong Kong Greater Bay Area Holdings Ltd. is a company incorporated in the Cayman Islands with limited liability. It operates within the real estate sector, focusing on investment properties and related financial activities.

YTD Price Performance: 394.12%

Average Trading Volume: 9,613

Technical Sentiment Signal: Sell

Current Market Cap: €74.99M

See more insights into 1396 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1