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Tai United Holdings ( (HK:0718) ) just unveiled an update.
Tai United Holdings Limited, a company listed on the Hong Kong Stock Exchange, announced a significant reduction in its expected loss before tax for the fiscal year 2024. The company anticipates a loss of no less than HK$900 million, which is approximately HK$500 million less than the previous year’s loss. This improvement is mainly due to a decrease in the fair value provision for investment properties. The final financial results for FY2024 are still being finalized and will be released by the end of March 2025.
More about Tai United Holdings
YTD Price Performance: -6.67%
Average Trading Volume: 394,256
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$147M
Learn more about 0718 stock on TipRanks’ Stock Analysis page.