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ShiFang Holding Limited Announces Reduced Losses Amid Market Recovery

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ShiFang Holding Limited Announces Reduced Losses Amid Market Recovery

The latest update is out from ShiFang Holding Limited ( (HK:1831) ).

ShiFang Holding Limited has announced a significant reduction in its expected losses for the period ending December 31, 2024. The company anticipates a consolidated loss of approximately RMB5 million to RMB6 million, a substantial improvement from the RMB43.2 million loss reported for the first half of 2023. This positive change is attributed to improved market conditions in the latter half of 2024. However, the figures are preliminary and unaudited, with the final results to be disclosed on February 28, 2025.

More about ShiFang Holding Limited

YTD Price Performance: 45.00%

Average Trading Volume: 541,577

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$93.56M

See more data about 1831 stock on TipRanks’ Stock Analysis page.

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