Kader Holdings Reports Increased Losses in 2024 Financial Results

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Kader Holdings Reports Increased Losses in 2024 Financial Results

The latest update is out from Kader Holdings Co. Ltd. ( (HK:0180) ).

Kader Holdings Co. Ltd. reported its annual financial results for the year ended December 31, 2024, showing a significant decline in performance compared to the previous year. The company experienced a substantial loss of HK$186.3 million, a sharp increase from the HK$73.4 million loss in 2023, attributed to decreased revenue, increased finance costs, and a deficit on the revaluation of investment properties. This downturn may impact the company’s operations and its position in the market, raising concerns for stakeholders about its financial health.

More about Kader Holdings Co. Ltd.

Kader Holdings Co. Ltd. is a company incorporated in Bermuda with limited liability, listed on the Hong Kong Stock Exchange. The company operates in the manufacturing industry, focusing on producing and distributing a range of products, although specific products or market focus are not detailed in the release.

YTD Price Performance: -20.32%

Average Trading Volume: 121,867

Technical Sentiment Signal: Buy

Current Market Cap: HK$234.8M

For a thorough assessment of 0180 stock, go to TipRanks’ Stock Analysis page.

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