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Asia Resources Holdings Limited ( (HK:0899) ) just unveiled an update.
Zhong Jia Guo Xin Holdings Company Limited has announced its annual results for the year ended 31 March 2025, revealing significant financial challenges. The company reported a substantial loss before taxation of HK$560.1 million, primarily due to high administrative expenses and significant impairment losses on intangible assets, property, and investments. The total comprehensive income for the year also showed a considerable deficit, impacting both the owners and non-controlling interests. This financial performance may affect the company’s market position and stakeholder confidence.
More about Asia Resources Holdings Limited
Average Trading Volume: 5,007,515
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$103.9M
See more insights into 0899 stock on TipRanks’ Stock Analysis page.