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InvesTech Holdings Reports Increased Losses in 2024 Financial Results

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InvesTech Holdings Reports Increased Losses in 2024 Financial Results

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An announcement from InvesTech Holdings Limited ( (HK:1087) ) is now available.

InvesTech Holdings Limited announced its annual financial results for the year ended 31 December 2024, revealing a decrease in revenue and an increase in net loss compared to the previous year. The company reported a total revenue of approximately RMB466.0 million, marking a decline of 16.9% from 2023, and a net loss of approximately RMB63.5 million, which is significantly higher than the RMB35.4 million loss recorded in 2023. The basic and diluted loss per share also increased to RMB32.33 cents from RMB28.90 cents in the previous year. These results highlight the financial challenges faced by the company, potentially impacting its market position and stakeholder confidence.

More about InvesTech Holdings Limited

YTD Price Performance: 11.48%

Average Trading Volume: 1,122,198

Technical Sentiment Signal: Hold

Current Market Cap: HK$67.96M

See more insights into 1087 stock on TipRanks’ Stock Analysis page.

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