HC Group to Shrink Loss in 2024

MT Newswires Live

2025/03/18

HC Group (HKG:2280) expects an attributable loss of between 255 million yuan and 290 million yuan for the year 2024, narrower from 1.83 billion yuan a year prior, a Monday filing with the Hong Kong bourse said.

The data service provider attributed the loss mainly to an impairment loss related to its investment in Guangdong Zhongmo Cloud Digital Technology, as well as the share of a post-tax loss of an associate.

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