Vision Values Holdings Limited (HK:0862) has released an update.
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Vision Values Holdings Limited reported a significant financial downturn in their annual results for the year ended June 30, 2024, with a loss of HK$43,811,000 compared to a modest profit in the previous year. The losses are attributed to increased direct operating costs across various sectors, including logistics and private jet management services, as well as a notable fair value loss on investment properties. This marks a challenging period for the company, reflecting a substantial loss per share year-over-year.
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