Macau Legend Development ( (HK:1680) ) has issued an announcement.
Macau Legend Development Limited reported its annual results for the year ended December 31, 2024, showing a significant loss from continuing operations amounting to HK$697.7 million, compared to a loss of HK$49.9 million in the previous year. Despite a slight increase in revenue, the company faced substantial impairment losses on non-financial assets and increased marketing expenses, leading to a comprehensive loss of HK$667.2 million for the year. The results indicate challenges in the company’s financial performance and may impact its market positioning and stakeholder confidence.
More about Macau Legend Development
Macau Legend Development Limited is a company incorporated in the Cayman Islands, operating primarily in the entertainment and hospitality industry. It is listed on the Hong Kong Stock Exchange and focuses on providing gaming and leisure services.
YTD Price Performance: 15.00%
Average Trading Volume: 7,236
Technical Sentiment Signal: Buy
Current Market Cap: $87.72M
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