tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Hybrid Kinetic Group Reports 2024 Financial Results Amid Trading Suspension

Story Highlights
Hybrid Kinetic Group Reports 2024 Financial Results Amid Trading Suspension

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Hybrid Kinetic Group ( (HK:1188) ).

Hybrid Kinetic Group Limited has announced its audited financial results for the year ending December 31, 2024, revealing a total comprehensive loss of HK$11,857,000, an improvement from the previous year’s loss of HK$21,300,000. Despite the continued suspension of trading, the company experienced a reduction in administrative expenses and a minor gain in other comprehensive income due to exchange differences, indicating some positive financial adjustments.

More about Hybrid Kinetic Group

Hybrid Kinetic Group Limited is a company incorporated in Bermuda with limited liability, listed on the Hong Kong Stock Exchange. The company is involved in various business activities, although specific industries or market focuses are not detailed in the provided text.

Average Trading Volume: 45,362,209

Technical Sentiment Signal: Sell

Current Market Cap: HK$244.2M

For detailed information about 1188 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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