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Tian Chang Group Holdings Ltd. ( (HK:2182) ) just unveiled an update.
Tian Chang Group Holdings Ltd. reported its annual financial results for the year ended December 31, 2024, revealing a decline in revenue from HK$697.5 million in 2023 to HK$539.6 million in 2024. The company experienced a net loss of HK$13.7 million compared to a profit of HK$23.5 million the previous year, primarily due to increased administrative expenses and a decrease in other income. This financial downturn may impact the company’s market position and stakeholder confidence.
More about Tian Chang Group Holdings Ltd.
Tian Chang Group Holdings Ltd. operates in the manufacturing industry, focusing on producing and distributing a range of products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 129,904
Technical Sentiment Signal: Hold
Current Market Cap: HK$198.4M
For a thorough assessment of 2182 stock, go to TipRanks’ Stock Analysis page.