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CROSSTEC Group Reports Interim Loss Amid Rising Costs

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CROSSTEC Group Reports Interim Loss Amid Rising Costs

CROSSTEC Group Holdings Ltd. ( (HK:3893) ) has provided an announcement.

CROSSTEC Group Holdings Limited announced its unaudited interim results for the six months ending December 31, 2024, revealing a significant decrease in profit compared to the previous year. The company reported a loss of HK$13,052,000, attributed to increased direct costs and finance expenses, impacting its financial performance and potentially affecting stakeholder confidence.

More about CROSSTEC Group Holdings Ltd.

CROSSTEC Group Holdings Limited is a company incorporated in the Cayman Islands, focusing on providing specialized services and products. The company operates in the design and fitting-out industry, catering to various market needs.

YTD Price Performance: -41.67%

Average Trading Volume: 295,069

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$43.55M

Learn more about 3893 stock on TipRanks’ Stock Analysis page.

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