tiprankstipranks

Values Cultural Investment Limited Reports Significant Revenue Decline in 2024

Story Highlights
Values Cultural Investment Limited Reports Significant Revenue Decline in 2024

Values Cultural Investment Limited ( (HK:1740) ) has issued an announcement.

Values Cultural Investment Limited reported a significant decrease in revenue by approximately 93.4% to RMB4.1 million for the year ended 31 December 2024, compared to the previous year. Despite the revenue drop, the company managed to reduce its gross and net losses slightly, with a gross loss of RMB38.9 million and a net loss of RMB98.3 million. The company decided not to recommend the payment of final dividends for the year. This financial performance reflects ongoing challenges in the company’s operations, impacting its financial stability and stakeholder returns.

More about Values Cultural Investment Limited

YTD Price Performance: -5.00%

Average Trading Volume: 418,369

Technical Sentiment Signal: Buy

Current Market Cap: HK$78.85M

For detailed information about 1740 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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