tiprankstipranks
Trending News
More News >

Bonny International Reports Revenue Growth Amidst Reduced Losses for 2024

Story Highlights
Bonny International Reports Revenue Growth Amidst Reduced Losses for 2024

Confident Investing Starts Here:

The latest announcement is out from Bonny International Holding Ltd. ( (HK:1906) ).

Bonny International Holding Ltd. announced its annual results for the year ended December 31, 2024, reporting a revenue increase from RMB 177,671,000 in 2023 to RMB 266,737,000 in 2024. Despite the revenue growth, the company faced a loss of RMB 16,733,000 for the year, which is an improvement from the previous year’s loss of RMB 45,210,000. This financial performance indicates a challenging yet progressive year for the company, with implications for its market positioning and stakeholder confidence.

More about Bonny International Holding Ltd.

Bonny International Holding Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the industry of manufacturing and distributing products. The company operates through its subsidiaries and is listed on the Stock Exchange of Hong Kong.

YTD Price Performance: 42.86%

Average Trading Volume: 7,738,070

Technical Sentiment Signal: Sell

Current Market Cap: HK$588.4M

For a thorough assessment of 1906 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