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Fortune Sun (China) Holdings Limited Reports 2024 Financial Results with Reduced Losses

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Fortune Sun (China) Holdings Limited Reports 2024 Financial Results with Reduced Losses

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The latest update is out from Fortune Sun China Holdings Ltd. ( (HK:0352) ).

Fortune Sun (China) Holdings Limited reported its audited consolidated results for the year ending December 31, 2024, showcasing a significant decrease in revenue from RMB 8,966,000 in 2023 to RMB 1,350,000 in 2024, leading to a gross loss of RMB 479,000. Despite a reduction in operating and administrative expenses, the company incurred a net loss of RMB 7,596,000, slightly improved from the previous year’s loss of RMB 9,125,000, potentially impacting its market positioning and stakeholder confidence.

More about Fortune Sun China Holdings Ltd.

Fortune Sun (China) Holdings Limited, incorporated in the Cayman Islands, operates in the financial sector. The company’s primary focus is on investment income and financial operations within the Chinese market.

YTD Price Performance: 10.0%

Average Trading Volume: 54,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$16.25M

For an in-depth examination of 0352 stock, go to TipRanks’ Stock Analysis page.

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