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China Wan Tong Yuan Reports Decline in 2024 Financial Results

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China Wan Tong Yuan Reports Decline in 2024 Financial Results

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China Wan Tong Yuan (Holdings) Ltd. ( (HK:6966) ) has shared an announcement.

China Wan Tong Yuan (Holdings) Limited reported a significant decrease in its financial performance for the year ended December 31, 2024. The company’s revenue declined by 22.7% to approximately RMB44,013,000, and profit attributable to owners fell by 44.1% to RMB9,848,000 compared to the previous year. Despite the downturn, the Board recommended a final dividend of HK$0.55 cents per share, reflecting a decrease from the previous year’s HK$1 cent. This financial downturn may impact the company’s market positioning and stakeholder confidence.

More about China Wan Tong Yuan (Holdings) Ltd.

China Wan Tong Yuan (Holdings) Limited is a company incorporated in the Cayman Islands, primarily operating in the industry of financial services. The company is listed on the Stock Exchange of Hong Kong and focuses on providing various financial products and services.

YTD Price Performance: -13.16%

Average Trading Volume: 75,000

Technical Sentiment Signal: Buy

Current Market Cap: HK$495M

See more data about 6966 stock on TipRanks’ Stock Analysis page.

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