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Huijing Holdings Reports Significant Financial Decline in 2024

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Huijing Holdings Reports Significant Financial Decline in 2024

Elevate Your Investing Strategy:

Huijing Holdings Company Limited ( (HK:9968) ) has provided an announcement.

Huijing Holdings Company Limited reported a significant decline in its financial performance for the year ended December 31, 2024. The company’s contracted sales decreased by 65% to approximately RMB102.2 million, and revenue fell by 74.4% to approximately RMB240.9 million. The company also reported a net loss of approximately RMB801.3 million, with a gross profit margin of 14% in its property development segment. The board did not recommend the payment of a final dividend for the year.

More about Huijing Holdings Company Limited

Huijing Holdings Company Limited is a company incorporated in the Cayman Islands, primarily engaged in property development. The company focuses on the real estate sector, offering residential and commercial properties.

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$63.05M

See more insights into 9968 stock on TipRanks’ Stock Analysis page.

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