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Renco Holdings Reports Improved Annual Results for 2024

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Renco Holdings Reports Improved Annual Results for 2024

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Renco Holdings Group Ltd. ( (HK:2323) ) has issued an update.

Renco Holdings Group Limited announced its audited consolidated annual results for the year ended December 31, 2024, reporting a significant reduction in losses compared to the previous year. The company experienced a loss of HKD 23.3 million, an improvement from the HKD 376.3 million loss in 2023, with notable gains from the disposal of subsidiaries and a decrease in expected credit losses, despite continued challenges in its operations.

More about Renco Holdings Group Ltd.

Renco Holdings Group Limited is a company incorporated in Bermuda with limited liability, operating in the financial sector. The company is listed on the Hong Kong Stock Exchange and focuses on various financial services and investments.

Technical Sentiment Signal: Buy

Current Market Cap: €5.7M

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