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An announcement from KWG Group Holdings ( (HK:1813) ) is now available.
KWG Group Holdings Limited reported its consolidated annual results for the year ended December 31, 2024, revealing a significant reduction in revenue from RMB 15.8 billion in 2023 to RMB 11.1 billion in 2024. Despite a decrease in losses compared to the previous year, the company still faced a substantial loss of RMB 8.15 billion, impacting stakeholders and reflecting ongoing challenges in the real estate market.
More about KWG Group Holdings
KWG Group Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in real estate development and investment. The company operates in the property sector, focusing on residential, commercial, and hotel properties, with a market presence in China.
YTD Price Performance: -12.00%
Technical Sentiment Signal: Buy
Current Market Cap: $156M
For detailed information about 1813 stock, go to TipRanks’ Stock Analysis page.
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