ESR Group Limited ( (HK:1821) ) has issued an update.
ESR Group Limited reported a significant decline in its financial performance for the year ended December 31, 2024, with revenue dropping by 26.7% to US$638,987,000 and a loss of US$726,310,000 compared to a profit in the previous year. The company’s operations were notably impacted across various regions, with South Korea experiencing the largest revenue decline of 75.6%, while Europe saw a revenue increase of 25.7%. The results reflect challenges in the market and operational adjustments that may affect stakeholders and the company’s industry positioning.
More about ESR Group Limited
ESR Group Limited, incorporated in the Cayman Islands, operates in the real estate sector, focusing primarily on fund management and logistics properties across various regions including Greater China, Japan, South Korea, Australia, New Zealand, Southeast Asia, India, and Europe.
YTD Price Performance: 3.18%
Average Trading Volume: 7,588,972
Technical Sentiment Signal: Sell
Current Market Cap: HK$52.3B
Learn more about 1821 stock on TipRanks’ Stock Analysis page.