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China Automotive Interior Decoration Holdings Limited ( (HK:0048) ) has provided an update.
China Automotive Interior Decoration Holdings Limited reported its annual financial results for the year ended December 31, 2024. The company experienced a decrease in gross profit from the previous year, with a significant net allowance for expected credit losses impacting its operations. Despite these challenges, the company achieved a profit attributable to its owners, aided by an income tax credit. The results indicate a challenging year with mixed financial outcomes, affecting the company’s position in the automotive interior market.
More about China Automotive Interior Decoration Holdings Limited
China Automotive Interior Decoration Holdings Limited is a company incorporated in the Cayman Islands, focusing on the automotive industry. It specializes in the production and sale of automotive interior decorations, serving a market that demands high-quality interior components for vehicles.
YTD Price Performance: -7.06%
Average Trading Volume: 101,340
Technical Sentiment Signal: Buy
Current Market Cap: HK$27.67M
For an in-depth examination of 0048 stock, go to TipRanks’ Stock Analysis page.
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