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Xinda Investment Holdings Reports Increased Losses in 2024 Annual Results

Story Highlights
  • Xinda Investment Holdings Limited reported a slight increase in revenue for 2024.
  • The company faced significant operating losses due to impairment losses, impacting stakeholder confidence.
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Xinda Investment Holdings Reports Increased Losses in 2024 Annual Results

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Xinda Investment Holdings Limited ( (HK:1281) ) just unveiled an update.

Xinda Investment Holdings Limited reported its audited consolidated annual results for the year ended 31 December 2024. The company experienced a slight increase in revenue but faced a significant operating loss, primarily due to impairment losses on non-financial assets and financial assets. The net loss for the year was RMB 40,928,000, with a notable increase in losses attributable to non-controlling interests. This financial performance may impact the company’s market positioning and stakeholder confidence.

More about Xinda Investment Holdings Limited

Xinda Investment Holdings Limited is a company incorporated in the Cayman Islands with limited liability. It operates in the investment holding industry, focusing on managing a portfolio of investments and subsidiaries.

YTD Price Performance: -24.71%

Average Trading Volume: 371,100

Technical Sentiment Signal: Sell

Current Market Cap: HK$193M

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