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Pak Tak International Reports Increased Revenue but Sustained Losses in 2024

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Pak Tak International Reports Increased Revenue but Sustained Losses in 2024

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Pak Tak International Limited ( (HK:2668) ) has shared an announcement.

Pak Tak International Limited announced its audited consolidated results for the year ending December 31, 2024, revealing a significant increase in revenue to HKD 674,764,000 from HKD 422,492,000 in 2023. Despite the revenue growth, the company reported a loss of HKD 229,199,000, attributed to factors such as a fair value loss on investment properties and impairment losses on goodwill, impacting its financial performance and stakeholder interests.

More about Pak Tak International Limited

Pak Tak International Limited is a company incorporated in Bermuda with limited liability, listed on the Hong Kong Stock Exchange. The company operates in various sectors, focusing on investment properties and related financial activities.

YTD Price Performance: -34.69%

Average Trading Volume: 4,354,500

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.8B

For a thorough assessment of 2668 stock, go to TipRanks’ Stock Analysis page.

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