Qingdao Holdings International Limited (HK:0499) has released an update.
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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.