Qingdao Holdings International Limited (HK:0499) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Qingdao Holdings International Limited expects to report a reduced loss of approximately RMB 14 million for the first half of 2024, improving from a RMB 31 million loss in the same period of 2023. The company attributes this improvement to the cessation of a decrease in investment property values and modest revenue growth. Investors are urged to exercise caution and await the official interim results to be released on August 30, 2024.
For further insights into HK:0499 stock, check out TipRanks’ Stock Analysis page.