tiprankstipranks
Star Group Asia Reports Escalating Half-Year Loss
Company Announcements

Star Group Asia Reports Escalating Half-Year Loss

Star Group Company Limited (HK:1560) has released an update.

Pick the best stocks and maximize your portfolio:

Star Group Asia Limited reports a significant increase in its half-year loss for the period ending June 30, 2024, with a net loss of HK$217,045,000 compared to HK$29,588,000 in the previous year. The company experienced a gross loss in profit as well as higher finance costs, leading to a total comprehensive loss of HK$225,922,000. Basic and diluted loss per share have escalated to HK$34.07, indicating a challenging period for the company.

For further insights into HK:1560 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App