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Zhongzheng International Company Limited ( (HK:0943) ) has issued an announcement.
Zhongzheng International Company Limited has announced a significant reduction in its consolidated loss for the six months ending December 2024, compared to the same period in the previous year. The company reported a loss of HK$85 million to HK$95 million, a considerable improvement from the HK$694 million loss recorded in the previous year. This improvement is attributed to the discontinuation of its property development and primary land development businesses in China, and despite impairments on receivables, the company’s continuing operations showed revenue and gross profit growth.
More about Zhongzheng International Company Limited
Average Trading Volume: 1,364,461
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$128.2M
See more data about 0943 stock on TipRanks’ Stock Analysis page.