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Tesson Holdings Ltd. ( (HK:1201) ) just unveiled an update.
Tesson Holdings Limited reported its annual results for the year ended December 31, 2024, showing a significant decline in revenue from HK$129,159,000 in 2023 to HK$66,713,000 in 2024. The company experienced a substantial increase in its loss for the year, with a total comprehensive expense of HK$184,258,000 compared to HK$113,044,000 in 2023. This downturn is attributed to a combination of factors including a decrease in gross profit, increased administrative expenses, and other losses. The financial results indicate challenges in the company’s operations, potentially impacting its market positioning and stakeholder confidence.
More about Tesson Holdings Ltd.
Tesson Holdings Limited is a company incorporated in Bermuda with limited liability, and it operates through its subsidiaries. The company is listed on the Hong Kong Stock Exchange and is identified by the stock code 1201.
YTD Price Performance: -68.04%
Average Trading Volume: 104,361
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$153.8M
Find detailed analytics on 1201 stock on TipRanks’ Stock Analysis page.