
JY Grandmark Holdings Limited Addresses Financial Uncertainties with Strategic Measures

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JY Grandmark Holdings Limited (HK:2231) has addressed financial uncertainties in its 2024 annual report, focusing on its ability to continue as a going concern. The company is negotiating with lenders to extend repayment terms and is adjusting sales strategies to enhance liquidity. It is also seeking alternative financing to meet obligations. The latest analyst rating for the stock is a Hold with a price target of HK$0.50. JY Grandmark operates in the real estate sector, primarily in China, with a market cap of HK$296.3M.
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