tiprankstipranks

Celestial Asia Securities Holdings Reports Decreased Revenue and Loss for 2024

Story Highlights
Celestial Asia Securities Holdings Reports Decreased Revenue and Loss for 2024

An update from Celestial Asia Securities Holdings ( (HK:1049) ) is now available.

Celestial Asia Securities Holdings Limited reported its audited consolidated financial results for the year ended December 31, 2024, showing a decrease in revenue from HK$1,016,423,000 in 2023 to HK$883,657,000 in 2024. Despite a reduction in costs and expenses, the company recorded a loss before taxation of HK$65,596,000, an improvement from the previous year’s loss of HK$138,669,000. The total comprehensive expense for the year was HK$68,445,000, reflecting a challenging financial environment. The results indicate a need for strategic adjustments to improve profitability and shareholder value.

More about Celestial Asia Securities Holdings

Celestial Asia Securities Holdings Limited (CASH) is a company incorporated in Bermuda with limited liability, operating in the financial services industry. The company and its subsidiaries are involved in securities trading and other related financial services.

Average Trading Volume: 0

Find detailed analytics on 1049 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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