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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.