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CH TIANBAO GP: 2024 Annual Report
CH TIANBAO GP (01427) released its annual performance, achieving revenue of 2.036 billion yuan.
CH TIANBAO GP (01427) announced the annual performance results for the year ending December 31, 2024, with group revenue in RMB...
CH TIANBAO GP: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2024
CH TIANBAO GP: POSTPONEMENT OF BOARD MEETING
CH TIANBAO GP (01427.HK) issues a profit warning: it expects a net loss of 0.1 billion to 0.2 billion yuan in 2024.
On March 20, Gelonghui reported that CH TIANBAO GP (01427.HK) announced that as of December 31, 2024, preliminary estimates based on the unaudited consolidated management accounts and other information currently available to the company's management expect the group to record a net loss of approximately 0.1 billion yuan to 0.2 billion yuan for this year (for the year ended December 31, 2023 ("same period last year"): net income of 10.99 million yuan). The board of directors believes that the annual recorded loss is mainly due to (i) the weak Chinese Real Estate market leading to a decrease in Real Estate income, gross profit, and delivery area; (ii) to ensure current.
Express News | China Tianbao Group Development Co Ltd - Expects Net Loss of RMB100-200 Mln for 2024