tiprankstipranks
Trending News
More News >

China Harmony Auto Reports 2024 Financial Results Amid International Growth

Story Highlights
China Harmony Auto Reports 2024 Financial Results Amid International Growth

An update from China Harmony Auto Holding Limited ( (HK:3836) ) is now available.

China Harmony Auto Holding Limited reported a revenue of approximately RMB15,617.4 million for the year ended December 31, 2024, marking a 5.8% decrease compared to the previous year. Despite a rise in sales volume by 4.6%, the company faced a net loss of RMB285.7 million, with significant losses from its Hong Kong and overseas operations. The company’s international operations showed substantial growth in both revenue and sales volume, indicating a strategic shift or expansion focus.

More about China Harmony Auto Holding Limited

China Harmony Auto Holding Limited is a company incorporated in the Cayman Islands, focusing on the automotive industry. The company is involved in the sale of new vehicles and operates both domestically in China and internationally, including in Hong Kong.

YTD Price Performance: 30.77%

Average Trading Volume: 7,684

Technical Sentiment Signal: Sell

Current Market Cap: €133.7M

For detailed information about 3836 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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