Balk 1798 Group Limited ( (HK:1010) ) has issued an update.
Sky Blue 11 Company Limited, formerly known as Balk 1798 Group Limited, announced its annual results for the year ended December 31, 2024. The company reported a significant decline in revenue from HK$113,970,000 in 2023 to HK$36,034,000 in 2024. The company also faced increased impairments on financial and non-financial assets, leading to a substantial loss before tax of HK$164,565,000 compared to HK$44,254,000 in the previous year. The total comprehensive loss for the year was HK$165,229,000, indicating a challenging financial year for the company.
More about Balk 1798 Group Limited
YTD Price Performance: -45.00%
Average Trading Volume: 1,849,379
Technical Sentiment Signal: Buy
Current Market Cap: HK$102.6M
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