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Zhong Hua International Holdings Limited ( (HK:1064) ) has provided an update.
Zhong Hua International Holdings Limited has issued a loss warning for the fiscal year ending December 31, 2024. The company anticipates a net loss before taxation of approximately HK$60 million, a significant reduction from the HK$1.74 billion loss recorded in 2023. This improvement is primarily due to the absence of a loss on derecognition of a subsidiary and a decrease in the fair value loss of investment properties. However, there is a noted fair value change in equity interest from a gain in 2023 to a loss in 2024. The figures are provisional and subject to adjustments.
More about Zhong Hua International Holdings Limited
YTD Price Performance: 20.45%
Average Trading Volume: 387,516
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$40.74M
See more data about 1064 stock on TipRanks’ Stock Analysis page.