Champion Technology Posts Revenue Rise but Net Loss

Champion Technology Holdings (HK:0092) has released an update.

Champion Technology Holdings Limited reported their year-end financial results, revealing a revenue increase to HK$208,612,000 in 2024 from HK$25,292,000 the previous year, yet still facing a net loss of HK$12,222,000 from continuing operations. Despite a significant gain from the disposal of a subsidiary, the company encountered considerable fair value losses on financial assets and investment properties, contributing to a total comprehensive expense of HK$14,728,000 for the year.

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