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

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

Elevate Your Investing Strategy:

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.

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