tiprankstipranks
Beijing Capital Grand Reports Reduced Loss in 2024 H1
Company Announcements

Beijing Capital Grand Reports Reduced Loss in 2024 H1

Beijing Capital Grand Limited (HK:1329) has released an update.

Invest with Confidence:

Beijing Capital Grand Limited reported its unaudited interim consolidated financial results for the first half of 2024, revealing a loss from continuing operations at RMB 148.7 million compared to a loss of RMB 224.6 million in the same period the previous year. Despite the reduced loss, the company experienced a significant drop in profit from a gain of RMB 90.1 million last year to a loss due to discontinued operations. These results reflect the challenges faced by the company in a competitive and changing economic landscape.

For further insights into HK:1329 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App