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Shenzhen Investment ( (HK:0604) ) has shared an announcement.
Shenzhen Investment Limited reported its final results for the year ending December 31, 2024, showing a significant decline in profitability. The company experienced a net loss of HK$1,537,357,000 compared to a profit the previous year, primarily due to increased finance costs and impairment losses on investments. This downturn in financial performance may impact the company’s market position and stakeholder confidence.
More about Shenzhen Investment
Shenzhen Investment Limited is a company incorporated in Hong Kong, primarily engaged in the real estate industry. It focuses on property development and investment, offering a range of real estate services and products.
YTD Price Performance: 6.36%
Technical Sentiment Signal: Buy
Current Market Cap: $926.9M
For a thorough assessment of 0604 stock, go to TipRanks’ Stock Analysis page.