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Regal Partners Holdings Reports Significant Financial Decline in 2024

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Regal Partners Holdings Reports Significant Financial Decline in 2024

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Morris Home Holdings Limited ( (HK:1575) ) just unveiled an announcement.

Regal Partners Holdings Limited, formerly known as Morris Home Holdings Limited, reported a significant decline in its financial performance for the year ended December 31, 2024. The company’s revenue decreased by 36.4% to RMB119.5 million, and it recorded a gross profit of RMB27.9 million. The loss for the year increased by 239.5% to RMB88.6 million, with a basic loss per share of RMB3.28 cents. The board did not recommend a final dividend for the year. These results reflect challenges in the company’s operations, impacting its market position and financial stability.

More about Morris Home Holdings Limited

YTD Price Performance: 29.51%

Average Trading Volume: 660,000

Technical Sentiment Signal: Hold

Current Market Cap: HK$254.7M

See more insights into 1575 stock on TipRanks’ Stock Analysis page.

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