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Chuanglian Holdings Reports Increased Revenue Amidst Continued Losses

Story Highlights
  • Chuanglian Holdings reported increased revenue for the six months ending December 2024.
  • Despite revenue growth, the company still faced a loss before tax, though slightly improved from last year.
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Chuanglian Holdings Reports Increased Revenue Amidst Continued Losses

China Chuanglian Education Financial Group Limi ted ( (HK:2371) ) has issued an update.

Chuanglian Holdings Limited reported its interim financial results for the six months ending December 31, 2024. The company experienced an increase in revenue from RMB 196,547,000 to RMB 301,750,000 compared to the same period in 2023. Despite the revenue growth, the company still reported a loss before tax of RMB 22,612,000, although this was an improvement from the previous year’s loss of RMB 28,395,000. The loss attributable to owners of the company also slightly decreased. The results indicate a challenging financial period for Chuanglian Holdings, but the increase in revenue suggests potential for future recovery.

More about China Chuanglian Education Financial Group Limi ted

YTD Price Performance: 15.00%

Average Trading Volume: 3,413,444

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$155.3M

For detailed information about 2371 stock, go to TipRanks’ Stock Analysis page.

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