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Radiance Holdings (Group) Company Limited ( (HK:9993) ) has shared an announcement.
Radiance Holdings announced its annual results for the year ended December 31, 2024, reporting a revenue of approximately RMB24.77 billion. The company experienced a significant decrease in total interest-bearing debts by RMB4.83 billion compared to the previous year, and a reduction in the weighted average cost of indebtedness by 0.73 percentage points. Despite these financial adjustments, the company reported a substantial loss of RMB10.05 billion for the year, primarily due to a gross loss and fair value losses on investment properties and financial assets.
More about Radiance Holdings (Group) Company Limited
Radiance Holdings (Group) Company Limited is a company incorporated in the Cayman Islands, operating with limited liability. The company is involved in the real estate industry, focusing on property development and related services.
YTD Price Performance: -23.63%
Average Trading Volume: 1,340,850
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$9.02B
For detailed information about 9993 stock, go to TipRanks’ Stock Analysis page.