An update from HC Group ( (HK:2280) ) is now available.
HC Group Inc. reported a significant decline in total revenue from continuing operations for the year ended December 31, 2024, with a 41% drop to approximately RMB10,966 million compared to the previous year. Despite the revenue decline, the company managed to reduce its loss attributable to equity holders from continuing operations to RMB265 million, down from RMB1,129 million in 2023. The adjusted net loss and LBITDA also showed improvement, although the board decided not to recommend a final dividend for the year.
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