Overseas Chinese Town (Asia) Holdings Limited Reports 2024 Annual Results

The latest announcement is out from Overseas Chinese Town (Asia) Holdings Limited ( (HK:3366) ).

Overseas Chinese Town (Asia) Holdings Limited reported its annual financial results for the year ending December 31, 2024, showing a significant reduction in revenue from RMB 1,262,753,000 in 2023 to RMB 966,530,000 in 2024. Despite this, the company managed to improve its operational profit to RMB 623,179,000 from a loss of RMB 125,042,000 the previous year, although it still ended the year with a net loss of RMB 213,395,000. The results indicate a challenging year with decreased revenue and increased finance costs, but also highlight an improvement in operational efficiency.

More about Overseas Chinese Town (Asia) Holdings Limited

Overseas Chinese Town (Asia) Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the real estate and tourism industries. The company focuses on developing and managing integrated cultural, tourism, and urban real estate projects, catering to a diverse market in Asia.

YTD Price Performance: -20.83%

Average Trading Volume: 497,490

Technical Sentiment Signal: Buy

Current Market Cap: HK$142.2M

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