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Value Convergence Holdings Limited Reports Improved 2024 Financial Results Amid Market Challenges

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Value Convergence Holdings Limited Reports Improved 2024 Financial Results Amid Market Challenges

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Value Convergence Holdings Limited ( (HK:0821) ) has shared an announcement.

Value Convergence Holdings Limited reported its annual results for 2024, showing a decrease in revenue from continuing operations to HK$69,062,000 and a reduced loss from continuing operations at HK$127,029,000 compared to the previous year. Despite the challenging economic conditions and cautious market sentiment in Hong Kong, particularly in the tech sector, the company managed to improve its financial performance from 2023, reflecting resilience in its operations amidst a fluctuating Hang Seng Index and increased competition in the asset management sector.

More about Value Convergence Holdings Limited

VC Group is a financial services group in the Greater China region, offering securities brokering, financing services, corporate finance, asset management, insurance brokerage, proprietary trading, and property investment.

YTD Price Performance: -15.00%

Average Trading Volume: 1,524,010

Technical Sentiment Signal: Buy

Current Market Cap: HK$84.1M

Find detailed analytics on 0821 stock on TipRanks’ Stock Analysis page.

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