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China Apex Group Ltd. Achieves Financial Turnaround in 2024

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China Apex Group Ltd. Achieves Financial Turnaround in 2024

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China Apex Group Ltd. ( (HK:2011) ) has shared an announcement.

China Apex Group Ltd. reported a significant financial turnaround for the year ended December 31, 2024, with a 25.1% increase in revenue to HK$333,376,000 and a gross profit rise of 58.8% to HK$175,509,000. The company achieved a profit of HK$32,904,000, marking a substantial improvement from the previous year’s loss. This financial recovery is reflected in the growth of total assets by 98.4% and cash reserves by 123.4%, indicating strengthened financial stability and potential for future growth.

More about China Apex Group Ltd.

YTD Price Performance: -5.88%

Average Trading Volume: 40,115

Technical Sentiment Signal: Buy

Current Market Cap: HK$735.4M

See more insights into 2011 stock on TipRanks’ Stock Analysis page.

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