Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
NOVA Group Holdings Ltd. ( (HK:1360) ) has shared an update.
NOVA Group Holdings Ltd. reported its annual results for the year ending June 30, 2024, revealing a significant decrease in revenue from continuing operations, down to HK$31,561,000 from HK$41,219,000 in the previous year. The company faced substantial operating losses, primarily due to impairment losses and provisions for expected credit losses, resulting in a total comprehensive expense of HK$211,240,000. This financial performance indicates ongoing challenges for the company, impacting its market position and stakeholder confidence.
More about NOVA Group Holdings Ltd.
NOVA Group Holdings Ltd., incorporated in the Cayman Islands, operates in various sectors, providing a range of services and products. The company is listed on the Stock Exchange of Hong Kong.
YTD Price Performance: 20.0%
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$24.65M
For a thorough assessment of 1360 stock, go to TipRanks’ Stock Analysis page.