The latest announcement is out from GOGOX Holdings Limited ( (HK:2246) ).
GOGOX Holdings Limited announced a significant reduction in its financial losses for the year ended December 31, 2024. The company expects a loss between RMB170.0 million and RMB220.0 million, marking an 80.0% to 84.5% decrease from the previous year’s loss of RMB1,099.6 million. This improvement is attributed to reduced impairment of goodwill and decreased employee benefit expenses. The final results are yet to be audited, and shareholders are advised to exercise caution.
More about GOGOX Holdings Limited
GOGOX Holdings Limited is a company incorporated in the Cayman Islands, operating with its subsidiaries and consolidated affiliated entities. It is listed on the Stock Exchange of Hong Kong Limited under stock code 2246. The company is involved in providing logistics and transportation services.
YTD Price Performance: 10.87%
Average Trading Volume: 3,151,119
Technical Sentiment Consensus Rating: Hold
For detailed information about 2246 stock, go to TipRanks’ Stock Analysis page.