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An update from Minmetals Land Limited ( (HK:0230) ) is now available.
Minmetals Land Limited reported a significant financial downturn for the year ended December 31, 2024, with a consolidated loss of HK$3,748 million, a stark contrast to the previous year’s loss of HK$526 million. The company’s revenue dropped by 22% compared to 2023, and the loss was exacerbated by substantial impairment allowances and a decrease in gross profit. This financial performance reflects challenges in the real estate market and may impact stakeholders’ confidence in the company’s future prospects.
More about Minmetals Land Limited
Minmetals Land Limited is a company incorporated in Bermuda with limited liability, operating primarily in the real estate sector. The company focuses on property development and investment, with a market presence in Hong Kong and mainland China.
YTD Price Performance: 15.00%
Average Trading Volume: 1,129
Technical Sentiment Signal: Sell
Current Market Cap: €167.9M
See more data about 0230 stock on TipRanks’ Stock Analysis page.