China Renaissance Reports Decreased Bi-Annual Losses
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China Renaissance Reports Decreased Bi-Annual Losses

China Renaissance Holdings (HK:1911) has released an update.

China Renaissance Holdings Limited reported unaudited interim financial results for the first half of 2024, showing a loss for the period at RMB 85,967,000 compared to a loss of RMB 163,173,000 for the same period in 2023. Despite the losses, the company’s total revenue and net investment gains have decreased from RMB 584,406,000 in 2023 to RMB 359,527,000 in 2024. The report also includes an adjusted net loss measure, which the company believes provides a clearer picture of its operating performance.

For further insights into HK:1911 stock, check out TipRanks’ Stock Analysis page.

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