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Kingkey Intelligence Culture Holdings Limited ( (HK:0550) ) has issued an announcement.
Allegro Culture Limited, a company listed on the Hong Kong Stock Exchange, announced its annual results for the year ended December 31, 2024. The company reported a revenue of approximately HK$31.5 million, marking a 13.3% decrease compared to the previous year. Despite a gross profit margin of 57.8%, the company incurred a loss of approximately HK$12.5 million, which is a significant reduction of 65.5% from 2023. The board decided not to recommend any dividend for the year. The announcement also noted a continued suspension of trading, which could impact investor confidence and market positioning.
More about Kingkey Intelligence Culture Holdings Limited
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$61.04M
For a thorough assessment of 0550 stock, go to TipRanks’ Stock Analysis page.