Art Group Holdings Limited provided group earnings guidance for the six months ended 31 December 2023. For the period, the Company is expected that the Group's net loss for the will be reduced to approximately HKD 38 million, as compared to a net loss of approximately HKD 391 million for the six months ended 31 December 2022. The Board believes that such decrease in net loss is primarily due to the reduction in the loss on fair value of the Group's investment properties as a consequence of the steady real estate market in Zhengzhou, the People's Republic of China in the second half year of 2023.
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|
5-day change | 1st Jan Change | ||
0.168 HKD | -7.18% | -30.00% | -49.85% |
Feb. 29 | Art Group Holdings Narrows Fiscal H1 Loss | MT |
Feb. 29 | Art Group Holdings Limited Reports Earnings Results for the Half Year Ended December 31, 2023 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-49.85% | 57.7M | |
+36.16% | 27.94B | |
-13.74% | 26.97B | |
+25.00% | 26.95B | |
-0.71% | 25.32B | |
+44.49% | 22.58B | |
+2.78% | 19.59B | |
+1.45% | 19.52B | |
+28.54% | 16.23B | |
-14.80% | 14.98B |
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- Art Group Holdings Limited Provides Group Earnings Guidance for the Six Months Ended 31 December 2023