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China Greenland Broad Greenstate Group Reports Reduced Net Loss for 2024

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  • China Greenland Broad Greenstate focuses on landscape architecture and urban ecological projects.
  • The company reduced its net loss significantly in 2024, improving its gross profit margin.
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China Greenland Broad Greenstate Group Reports Reduced Net Loss for 2024

An announcement from China Greenland Broad Greenstate Group Company Limited ( (HK:1253) ) is now available.

China Greenland Broad Greenstate Group Company Limited announced its audited annual results for the year ended December 31, 2024, showing a significant reduction in net loss attributable to owners of the parent company, from RMB 535,918,000 in 2023 to RMB 145,755,000 in 2024. Despite a decrease in revenue from RMB 26,908,000 to RMB 18,396,000, the company improved its gross profit margin to 59.2% from 46.0%, indicating better cost management and operational efficiency.

More about China Greenland Broad Greenstate Group Company Limited

China Greenland Broad Greenstate Group Company Limited is a company incorporated in the Cayman Islands, operating with a focus on landscape architecture and urban ecological restoration projects. The company is listed on the Stock Exchange of Hong Kong Limited.

YTD Price Performance: -53.33%

Average Trading Volume: 5,092,313

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$84.58M

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