tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

360 Ludashi Holdings Reports Revenue Surge but Profit Decline in 2024

Story Highlights
360 Ludashi Holdings Reports Revenue Surge but Profit Decline in 2024

TipRanks Cyber Monday Sale

An update from 360 Ludashi Holdings Limited ( (HK:3601) ) is now available.

360 Ludashi Holdings Limited, a company incorporated in the Cayman Islands, has announced its audited consolidated results for the year ended 31 December 2024. The company reported a significant increase in revenue by 66.4% to RMB 1,315,076,000 compared to the previous year. However, despite the rise in revenue, the company experienced a decline in gross profit by 4.2% and a decrease in profit before taxation by 32.4%. The profit attributable to equity holders also fell by 18.2%, reflecting challenges in maintaining profitability amidst increased costs and expenses.

More about 360 Ludashi Holdings Limited

YTD Price Performance: -5.88%

Average Trading Volume: 137,038

Technical Sentiment Signal: Buy

Current Market Cap: HK$215.2M

See more data about 3601 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1