tiprankstipranks
Greatime International Faces Widening Losses
Company Announcements

Greatime International Faces Widening Losses

Greatime International Holdings Limited (HK:0844) has released an update.

Invest with Confidence:

Greatime International Holdings Limited reported a higher loss for the six months ending June 30, 2024, compared to the same period in 2023, with a decrease in revenue and an increase in administrative expenses. The company’s unaudited interim results show a loss of RMB 16,269,000, a larger deficit than the RMB 11,444,000 loss reported last year. Despite facing higher costs and financial strain, the company’s gross profit has seen a slight improvement.

For further insights into HK:0844 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles