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China Starch Holdings Limited ( (HK:3838) ) has shared an update.
China Starch Holdings Limited announced its annual results for the year ended December 31, 2024, reporting a revenue of RMB 11.42 billion, a slight decrease of 3.2% from the previous year. Despite the drop in revenue, the company achieved significant growth in profitability, with gross profit increasing by 109% and operating profit surging by 418.2%. The profit attributable to shareholders rose by 346.7%, reflecting improved operational efficiency and cost management. The proposed final dividend per share also increased by 42%, indicating a positive outlook for shareholders.
More about China Starch Holdings Limited
China Starch Holdings Limited is a company incorporated in the Cayman Islands, focusing on the production and sale of starch and related products. The company operates in the food industry, providing essential ingredients for various food products.
YTD Price Performance: 21.58%
Average Trading Volume: 13,584,689
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$1.35B
For detailed information about 3838 stock, go to TipRanks’ Stock Analysis page.