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Tesson Holdings Faces Tripled Losses in 2024

Tesson Holdings Faces Tripled Losses in 2024

Tesson Holdings Ltd. (HK:1201) has released an update.

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Tesson Holdings Limited has reported a significant increase in its losses for the first six months of 2024 compared to the same period in 2023. The unaudited condensed consolidated interim results show that the company’s loss before tax has almost tripled, coupled with a substantial decrease in revenue and a rise in administrative expenses. Moreover, the group faced an overall comprehensive loss, which has also seen a significant increase, affecting both the company’s owners and non-controlling interests.

For further insights into HK:1201 stock, check out TipRanks’ Stock Analysis page.

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