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Anchun International Holdings Ltd. Reports Strong Revenue Growth in FY2024

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Anchun International Holdings Ltd. Reports Strong Revenue Growth in FY2024

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Anchun International Holdings Ltd. ( (SG:BTX) ) has shared an announcement.

Anchun International Holdings Ltd. reported a 32.7% increase in revenue for FY2024, driven primarily by a 45% surge in its chemical systems and components business. Despite slower demand impacting its catalyst and engineering services segments, the company achieved a 358% rise in net profit, indicating potential structural growth and a promising future outlook for stakeholders.

More about Anchun International Holdings Ltd.

Anchun International Holdings Ltd. operates in the chemical industry, focusing on chemical systems and components. The company also provides catalyst and engineering services, with a significant market presence in these sectors.

YTD Price Performance: 1.56%

Average Trading Volume: 18,074

Technical Sentiment Signal: Sell

Current Market Cap: S$15.66M

Learn more about BTX stock on TipRanks’ Stock Analysis page.

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