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Qingdao Holdings Reports Significant Decrease in Annual Loss

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Qingdao Holdings Reports Significant Decrease in Annual Loss

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Qingdao Holdings International Limited ( (HK:0499) ) just unveiled an announcement.

Qingdao Holdings International Limited, listed on the Hong Kong Stock Exchange, has announced a significant decrease in its net loss for the year ended December 31, 2024. The company’s net loss is expected to decrease by approximately 60% compared to the previous year, primarily due to a reduction in fair value loss on investment properties and gains from the disposal of a significant equity interest in a subsidiary. The final audited results are anticipated to be released on March 24, 2025.

More about Qingdao Holdings International Limited

YTD Price Performance: -20.0%

Average Trading Volume: 86,996

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$107.8M

For detailed information about 0499 stock, go to TipRanks’ Stock Analysis page.

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