YT Realty Group ( (HK:0075) ) just unveiled an update.
Y. T. Realty Group Limited has announced a significant reduction in its net loss for the year ending December 31, 2024, with an expected consolidated loss ranging from HK$1 million to HK$8 million, compared to a loss of HK$30 million in 2023. This improvement is attributed to decreased selling expenses and finance costs, better fair value changes in investment properties, and reduced impairment losses, despite a decrease in gross profit from property sales and increased income tax. The final results are still being finalized and will be published on March 27, 2025.
More about YT Realty Group
Y. T. Realty Group Limited is a company incorporated in Bermuda with limited liability, primarily engaged in real estate investment and development. The company operates in the property sector, focusing on investment properties and property development projects.
YTD Price Performance: -33.33%
Average Trading Volume: 500
Technical Sentiment Signal: Strong Buy
Current Market Cap: $21.6M
See more insights into 0075 stock on TipRanks’ Stock Analysis page.