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Tian Ge Interactive Holdings ( (HK:1980) ) just unveiled an announcement.
Tian Ge Interactive Holdings Limited announced a significant financial turnaround for the fiscal year 2024, reporting a comprehensive gain of approximately RMB53.1 million compared to a loss of RMB106.6 million in 2023. This positive shift is attributed to the appreciation of the fair value of financial assets due to favorable market conditions, including interest rate cuts and a surge in technology stock prices, as well as an increase in the valuation of unlisted equity investments in sectors aligned with the company’s principal activities.
More about Tian Ge Interactive Holdings
Tian Ge Interactive Holdings Limited is a company incorporated in the Cayman Islands, operating in the technology sector with a focus on financial assets, technology stocks, and unlisted equity investments. The company is involved in areas such as artificial intelligence, cloud computing, social deduction games, e-commerce, and short video platforms.
YTD Price Performance: -7.14%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $81.92M
Learn more about 1980 stock on TipRanks’ Stock Analysis page.