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JiaHua Stores Holdings Limited ( (HK:0602) ) has shared an announcement.
JiaHua Stores Holdings Limited announced a significant reduction in its expected losses for the fiscal year ending December 31, 2024, with projected losses ranging from RMB54 million to RMB58 million, compared to RMB152.6 million in the previous year. This improvement is attributed to increased rental income from sub-leasing, decreased impairment losses, and streamlined administrative costs, indicating a positive shift in the company’s financial management and operational efficiency.
More about JiaHua Stores Holdings Limited
JiaHua Stores Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the retail industry. The company focuses on operating shopping malls and has a market presence in sub-leasing retail spaces.
Average Trading Volume: 2,537,720
Technical Sentiment Signal: Hold
Current Market Cap: HK$36.31M
See more data about 0602 stock on TipRanks’ Stock Analysis page.