tiprankstipranks
Trending News
More News >

Ausnutria Dairy Reports Strong Financial Performance for 2024

Story Highlights
Ausnutria Dairy Reports Strong Financial Performance for 2024

Confident Investing Starts Here:

Ausnutria Dairy Corp. Ltd. ( (HK:1717) ) has shared an announcement.

Ausnutria Dairy Corporation Ltd announced its financial results for the year ending December 31, 2024, reporting a slight increase in revenue by 0.3% to RMB 7,402.4 million. The company saw significant improvements in profitability, with gross profit rising by 8.9% and EBITDA increasing by 28.1%. Profit attributable to equity holders grew by 35.3%, and the company declared a final dividend of HK$0.06 per share, reflecting a 20% increase from the previous year. These results indicate a strong financial performance, suggesting enhanced operational efficiency and a positive outlook for stakeholders.

More about Ausnutria Dairy Corp. Ltd.

Ausnutria Dairy Corporation Ltd is a company incorporated in the Cayman Islands, operating in the dairy industry. It primarily focuses on producing and distributing dairy products, with a market presence that includes a variety of milk and nutritional products.

YTD Price Performance: 7.49%

Average Trading Volume: 238,992

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.58B

For a thorough assessment of 1717 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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