tiprankstipranks
Trending News
More News >

Rykadan Capital Reports Increased Losses for FY2025

Story Highlights
Rykadan Capital Reports Increased Losses for FY2025

Don’t Miss TipRanks’ Half-Year Sale

Rykadan Capital Ltd. ( (HK:2288) ) just unveiled an announcement.

Rykadan Capital Limited reported its annual financial results for the year ended March 31, 2025, showing a significant increase in losses compared to the previous year. The company experienced a total loss of HK$293.7 million from both continuing and discontinued operations, up from HK$176.2 million in the prior year. The decline in financial performance is attributed to lower revenue, increased impairment losses, and higher losses from associates and joint ventures. The company’s net assets per share decreased from HK$2.29 to HK$1.54, and the board has decided not to recommend a final dividend for the year.

More about Rykadan Capital Ltd.

Average Trading Volume: 274,501

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$56.32M

For a thorough assessment of 2288 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1