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Xinji Shaxi Group Co., Ltd. ( (HK:3603) ) has provided an update.
Xinji Shaxi Group Co., Ltd. announced its audited annual results for the year ended 31 December 2024, reporting a revenue of RMB 254,789,000, a decrease from the previous year. The company experienced a significant loss for the year, amounting to RMB 162,123,000, which was attributed to fair value losses on investment properties and increased finance expenses. Despite the loss, the core net profit margin remained relatively stable, indicating some resilience in the company’s core operations.
More about Xinji Shaxi Group Co., Ltd.
Xinji Shaxi Group Co., Ltd. operates in the real estate industry, focusing on investment properties. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -10.0%
Average Trading Volume: 510,500
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$67.18M
Learn more about 3603 stock on TipRanks’ Stock Analysis page.