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Sheen Tai Holdings Reports Significant Revenue Decline and Increased Losses for 2024

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Sheen Tai Holdings Reports Significant Revenue Decline and Increased Losses for 2024

The latest update is out from Sheen Tai Holdings Group Co. Ltd. ( (HK:1335) ).

Sheen Tai Holdings Group Co. Ltd. announced its annual results for the year ending December 31, 2024, reporting a significant decline in revenue by 88% from continuing operations compared to the previous year. The company also experienced a substantial increase in losses, with a 152% rise in loss attributable to equity shareholders, indicating financial challenges that may impact its market positioning and stakeholder interests.

More about Sheen Tai Holdings Group Co. Ltd.

Sheen Tai Holdings Group Co. Ltd. is a company incorporated in the Cayman Islands, primarily involved in operations that generate revenue from various business activities. The company is listed on the Hong Kong Stock Exchange and operates within a competitive market environment.

YTD Price Performance: -44.64%

Average Trading Volume: 794,350

Technical Sentiment Signal: Buy

Current Market Cap: HK$314M

See more data about 1335 stock on TipRanks’ Stock Analysis page.

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