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The latest update is out from China Wood International Holding Co., Limited ( (HK:1822) ).
China Wood International Holding Co., Limited announced its annual results for the year ended December 31, 2024, reporting a revenue increase to approximately HK$356.4 million from HK$312.1 million in 2023. Despite the revenue growth, the company’s net profit attributable to owners significantly decreased to approximately HK$63.8 million from HK$1,200.8 million in the previous year, and the board decided not to recommend a final dividend for 2024. The financial results reflect challenges in maintaining profitability despite increased sales, impacting the company’s financial health and potentially its market positioning.
More about China Wood International Holding Co., Limited
China Wood International Holding Co., Limited is a company incorporated in the Cayman Islands, operating in the wood industry. It focuses on the production and sale of wood products, serving various markets with a range of wood-related services.
YTD Price Performance: 85.29%
Average Trading Volume: 641,456
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$304.3M
See more data about 1822 stock on TipRanks’ Stock Analysis page.