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China Infrastructure & Logistics Group Ltd. ( (HK:1719) ) has shared an announcement.
China Infrastructure & Logistics Group Ltd. reported a 9.8% increase in revenue for the year ended December 31, 2024, reaching HK$396,529,000. Despite the revenue growth, the company’s gross profit decreased by 20.7% to HK$61,613,000, and the profit attributable to owners fell by 17.4% to HK$12,694,000. The board did not recommend a final dividend for the year, indicating a cautious approach amidst declining profit margins.
More about China Infrastructure & Logistics Group Ltd.
China Infrastructure & Logistics Group Ltd. operates in the infrastructure and logistics industry, focusing on providing logistics and related services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -20.0%
Average Trading Volume: 76,160
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.04B
For detailed information about 1719 stock, go to TipRanks’ Stock Analysis page.