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Shanghai Realway Capital Assets Management Co., Ltd. Class H ( (HK:1835) ) has issued an announcement.
Shanghai Realway Capital Assets Management Co., Ltd. has announced a significant reduction in its net loss for the year ending December 31, 2024, expecting a loss of no more than RMB15.0 million compared to RMB57.9 million in the previous year. This improvement is primarily due to increased revenue from fund management and advisory fees, as well as a decrease in investment losses from the transfer of interests in funds.
More about Shanghai Realway Capital Assets Management Co., Ltd. Class H
Shanghai Realway Capital Assets Management Co., Ltd. operates in the financial services industry, focusing on fund management and investment advisory services.
YTD Price Performance: -1.12%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$271.4M
For an in-depth examination of 1835 stock, go to TipRanks’ Stock Analysis page.