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Star Group Asia Limited Reports Increased Losses for 2024

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Star Group Asia Limited Reports Increased Losses for 2024

Confident Investing Starts Here:

The latest announcement is out from Star Group Company Limited ( (HK:1560) ).

Star Group Asia Limited announced its audited consolidated financial results for the year ended December 31, 2024. The company reported a decrease in revenue to approximately HK$1,133.1 million from HK$1,243.7 million in the previous year, and a significant increase in loss attributable to owners, amounting to approximately HK$605.0 million compared to HK$294.6 million in 2023. The basic and diluted loss per share also increased to approximately HK94.32 cents from HK45.92 cents. The results indicate a challenging financial year for the company, with increased losses and costs impacting its overall performance.

More about Star Group Company Limited

YTD Price Performance: -20.0%

Average Trading Volume: 49,660

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$76.98M

For a thorough assessment of 1560 stock, go to TipRanks’ Stock Analysis page.

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