tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Oriental Explorer Holdings Reports 2024 Financial Results with Continued Losses

Story Highlights
Oriental Explorer Holdings Reports 2024 Financial Results with Continued Losses

Claim 50% Off TipRanks Premium

Oriental Explorer Holdings Limited ( (HK:0430) ) just unveiled an announcement.

Oriental Explorer Holdings Limited reported its annual financial results for the year ended December 31, 2024. The company experienced a slight increase in revenue from HK$23,437,000 in 2023 to HK$25,383,000 in 2024, but it also faced a significant net loss of HK$37,919,000, slightly improved from the previous year’s loss of HK$40,816,000. The comprehensive loss for the year was HK$37,929,000, indicating ongoing financial challenges. The results highlight the company’s struggle with fair value changes on investment properties and finance costs, impacting its overall financial performance.

More about Oriental Explorer Holdings Limited

YTD Price Performance: 10.53%

Average Trading Volume: 70,563

Technical Sentiment Signal: Sell

Current Market Cap: HK$163M

For a thorough assessment of 0430 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1