Honghua Group Expects Narrower Attributable Loss for 2024

MT Newswires Live
24 Jan

Honghua Group (HKG:0196) expects to record at least 87% narrower loss attributable to shareholders for 2024 from a year ago, a Friday Hong Kong bourse filing said.

The company attributed the expected decline in loss to steadily securing orders from domestic and international markets, an increase in gross margins during the year, and optimized cost management.

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