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China Outfitters Holdings Reports 2024 Financial Results

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China Outfitters Holdings Reports 2024 Financial Results

China Outfitters Holdings ( (HK:1146) ) has shared an update.

China Outfitters Holdings, operating under Huicheng International Holdings Limited, reported its annual financial results for the year ending December 31, 2024. The company experienced a decline in revenue by 24.8% to RMB 156.1 million, while gross profit decreased by 19.9% to RMB 81.1 million. Despite a slight improvement in gross profit margin to 52.0%, the company faced an operating loss of RMB 122.3 million, reflecting a challenging year for the company with implications for stakeholders.

More about China Outfitters Holdings

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $33.38M

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