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Beijing Properties Reports Significant Revenue Decline in 2024

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Beijing Properties Reports Significant Revenue Decline in 2024

Beijing Properties (Holdings) Limited ( (HK:0925) ) just unveiled an announcement.

Beijing Properties (Holdings) Limited reported a significant decrease in revenue and gross profit for the year ended December 31, 2024, with revenue falling by approximately 41.10% and gross profit declining by 43.40% compared to the previous year. Despite the decrease in losses attributable to shareholders, the company still faced a consolidated loss of RMB536.85 million, highlighting ongoing financial challenges. The decrease in revenue and profit margins may impact the company’s market positioning and stakeholder confidence.

More about Beijing Properties (Holdings) Limited

Beijing Properties (Holdings) Limited is a company incorporated in Bermuda with limited liability, focusing on property development and investment. It operates primarily in the real estate sector, providing services related to property sales and management.

YTD Price Performance: -23.33%

Average Trading Volume: 763,924

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$320.6M

See more insights into 0925 stock on TipRanks’ Stock Analysis page.

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