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AVIC Joy Holdings Reports Annual Financial Loss
Company Announcements

AVIC Joy Holdings Reports Annual Financial Loss

AVIC Joy Holdings (HK) (HK:0260) has released an update.

AVIC Joy Holdings (HK) Limited reported a net loss for the year ended December 31, 2022, with the figures showing a loss of HK$47,164,000 compared to HK$49,454,000 the previous year. Despite a slight decrease in the net loss, the company also faced a drop in its total comprehensive expenses, ending the year with HK$64,763,000 compared to HK$42,203,000 in 2021. This financial performance reflects the challenges faced in the market, including significant finance costs and exchange rate impacts.

For further insights into HK:0260 stock, check out TipRanks’ Stock Analysis page.

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