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Hope Life International Holdings Reports Financial Downturn for FY2024

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Hope Life International Holdings Reports Financial Downturn for FY2024

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Hope Life International Holdings Ltd. ( (HK:1683) ) has issued an announcement.

Hope Life International Holdings Ltd. reported its final results for the fiscal year ended December 31, 2024, revealing a significant decline in revenue from HK$293,151,000 in 2023 to HK$188,737,000 in 2024. The company faced a comprehensive loss of HK$38,702,000, attributed to reduced gross profit, increased impairment losses, and higher finance costs. This financial downturn may impact the company’s market positioning and stakeholder confidence.

More about Hope Life International Holdings Ltd.

Hope Life International Holdings Ltd. is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 1683.

YTD Price Performance: -3.33%

Average Trading Volume: 1,752,711

Technical Sentiment Signal: Hold

Current Market Cap: HK$225.5M

Find detailed analytics on 1683 stock on TipRanks’ Stock Analysis page.

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