Shenwan Hongyuan (H.K.) Limited Reports 2024 Financial Results with Reduced Losses

Shenwan Hongyuan (H.K.) Limited ( (HK:0218) ) just unveiled an update.

Shenwan Hongyuan (H.K.) Limited reported its final results for the year ended December 31, 2024, revealing a consolidated loss of HK$160,726,000, which is an improvement from the previous year’s loss of HK$192,454,000. Despite the overall loss, the company experienced a net gain in other comprehensive income, although total comprehensive loss for the year was HK$160,831,000. The results indicate challenges in revenue generation, with a significant drop in total revenue compared to the previous year, impacting the company’s financial standing and shareholder returns.

More about Shenwan Hongyuan (H.K.) Limited

Shenwan Hongyuan (H.K.) Limited is a financial services company incorporated in Hong Kong, focusing on providing a range of financial products and services. The company operates primarily in the financial sector, offering services such as interest income, revenue from customer contracts, and other financial sources.

YTD Price Performance: -17.37%

Average Trading Volume: 3,250

Technical Sentiment Signal: Sell

Current Market Cap: €260.4M

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