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Hop Fung Group Holdings Limited ( (HK:2320) ) has shared an announcement.
Hop Fung Group Holdings Limited reported a decrease in revenue to approximately HK$211.5 million for the year ended 31 December 2024, a decline of about 5.7% compared to 2023. The company also saw a reduction in its loss attributable to owners, which stood at approximately HK$95.2 million, down from HK$100.8 million in the previous year. This improvement is attributed to lower procurement costs, reduced impairment losses, decreased depreciation expenses, and a reduction in staff numbers. Despite these improvements, the company reported a net borrowing of HK$58.2 million, an increase from HK$25.6 million in 2023.
More about Hop Fung Group Holdings Limited
YTD Price Performance: 8.75%
Average Trading Volume: 95,723
Technical Sentiment Signal: Hold
Current Market Cap: HK$71.14M
For detailed information about 2320 stock, go to TipRanks’ Stock Analysis page.