Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Moody Technology Holdings Limited ( (HK:1400) ) has shared an announcement.
Moody Technology Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced an expected decrease in its net loss for the financial year ending December 31, 2024. The anticipated net loss is projected to be between RMB95 million and RMB100 million, significantly reduced from the previous year’s net loss of approximately RMB816.3 million. This improvement is largely due to the absence of a one-off, non-cash loss recognized in 2023 related to the issuance of Scheme Shares, as well as losses from the write-off and disposal of certain assets in 2024.
More about Moody Technology Holdings Limited
YTD Price Performance: 70.0%
Average Trading Volume: 28,044,738
Technical Sentiment Signal: Buy
Current Market Cap: HK$64.63M
Find detailed analytics on 1400 stock on TipRanks’ Stock Analysis page.