CC Land Holdings reports reduced losses for 2024

C C Land Holdings (HKEX:1224) announced a reduced loss of HK$617.9 million for the year ended December 31, 2024, compared to HK$1,937.2 million in the previous year. This improvement was driven by fair value gains of HK$308.8 million on the revaluation of the Group's UK investment properties. Revenue increased by 7.5% to HK$508.3 million, boosted by the treasury investment business, while the loss per share was HK15.92 cents, improving from HK49.90 cents in 2023.