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Xinming China Holdings Limited ( (HK:2699) ) has provided an update.
Xinming China Holdings Limited reported a significant decline in its financial performance for the year ended December 31, 2024. The company’s revenue dropped by approximately 79.4% to RMB86.8 million, and it recorded a loss attributable to owners of RMB542.5 million. The board did not recommend a final dividend, reflecting ongoing financial challenges.
More about Xinming China Holdings Limited
Xinming China Holdings Limited is a company incorporated in the Cayman Islands, operating in the real estate industry. The company is listed on the Hong Kong Stock Exchange and focuses on property development and investment.
YTD Price Performance: 7.69%
Average Trading Volume: 20,913,496
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$26.3M
For a thorough assessment of 2699 stock, go to TipRanks’ Stock Analysis page.