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Hong Kong stocks unusual movement | jiangsu lopal tech (02465) fell another 6% on the second day of listing, already down 20% from the IPO price. The company incurred a net loss of 0.303 billion yuan in the first three quarters.
Jiangsu Lopal Tech (02465) fell 13% on its first day of listing, dropping over 6% again in early trading today, more than 20% lower than the IPO price of 5.5 Hong Kong dollars. As of press time, it fell by 5.47%, closing at 4.49 Hong Kong dollars, with a turnover of 6.309 million Hong Kong dollars.
Intelligent Hong Kong Stock Shareholder Equity Disclosure | October 31st
Hong Kong shareholder equity disclosure | October 31st
Longpan Technology: Jiangsu Longpan Technology Co., Ltd. Report for the third quarter of 2024
Announcement of Jiangsu Longpan Technology Co., Ltd. on the main operating data for the first three quarters of 2024
Jiangsu Longpan Technology Co., Ltd. Report for the Third Quarter of 2024
Performance: jiangsu lopal tech (02465.HK) recorded a net loss of 0.303 billion RMB in the first three quarters.
Jiangsu Lopal Tech. (02465.HK) announced its performance for the first three quarters ending September this year. According to China's accounting standards, revenue was 5.661 billion yuan (RMB) and decreased by 12.81% year-on-year. Net loss was 0.303 billion yuan, with a loss of 0.54 yuan per share. In the third quarter alone, the group achieved revenue of 2.092 billion yuan, down by 21.89% year-on-year. Net loss was 81.8921 million yuan, with a loss of 0.15 yuan per share.
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