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Magnus Concordia Group Reports Decline in Revenue and Shareholders’ Funds

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Magnus Concordia Group Reports Decline in Revenue and Shareholders’ Funds

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Magnus Concordia Group Limited ( (HK:1172) ) just unveiled an update.

Magnus Concordia Group Limited reported a 24% decline in revenue to HK$206 million for the year ending March 31, 2025, compared to the previous year. Despite a reduction in losses by 27%, the company continues to face challenges with a significant decrease in shareholders’ funds by 60%, indicating ongoing financial difficulties.

More about Magnus Concordia Group Limited

YTD Price Performance: 89.47%

Average Trading Volume: 7,136,884

Technical Sentiment Signal: Buy

Current Market Cap: HK$208.1M

Learn more about 1172 stock on TipRanks’ Stock Analysis page.

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