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Talent Property Group’s Widened Loss in 2024 Interim

Talent Property Group’s Widened Loss in 2024 Interim

Talent Property Group Limited (HK:0760) has released an update.

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Talent Property Group Limited reported a loss for the six-month period ending June 30, 2024, citing a decrease in overall revenue and an increase in impairment losses and other costs compared to the previous year. The loss before tax widened to RMB 32.6 million in 2024 from RMB 17.9 million in 2023, with a total comprehensive loss for the period growing to RMB 50.1 million. Notable financial challenges included impairment losses on properties and higher finance costs, contributing to an increased loss per share.

For further insights into HK:0760 stock, check out TipRanks’ Stock Analysis page.

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