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South China Holdings Reports 2024 Financial Turnaround

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South China Holdings Reports 2024 Financial Turnaround

South China Holdings Company Limited ( (HK:0413) ) has provided an announcement.

South China Holdings Company Limited reported its annual results for the year ended December 31, 2024, showing a revenue increase to HK$3,231,529,000 from HK$2,887,385,000 in 2023. Despite a net fair value loss on investment properties, the company achieved a profit of HK$12,177,000, rebounding from a loss in the previous year, indicating a positive shift in financial performance.

More about South China Holdings Company Limited

South China Holdings Company Limited is a diversified company incorporated in the Cayman Islands, engaging in various industries with a focus on manufacturing and property investment. The company is listed on the Stock Exchange of Hong Kong and operates through its subsidiaries.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €47.46M

For an in-depth examination of 0413 stock, go to TipRanks’ Stock Analysis page.

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