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Chinasoft International ( (HK:0354) ) has provided an update.
Chinasoft International Limited reported its audited consolidated results for the year ended December 31, 2024, showing a slight decline in revenue by 1% to RMB 16.95 billion compared to 2023. The company’s profit for the year decreased significantly by 28.3% to RMB 511.1 million, attributed to increased impairment losses and administrative expenses. Despite the decline in profit, the adjusted profit saw a modest increase of 3.8%, and the Board recommended a final dividend of HK$0.0533 per share, indicating a commitment to shareholder returns.
More about Chinasoft International
Chinasoft International Limited is a company incorporated in the Cayman Islands, focusing on providing IT services. It operates in the technology industry, offering a range of services including software development, IT consulting, and outsourcing services, primarily targeting the Chinese market.
YTD Price Performance: 18.36%
Average Trading Volume: 43,032
Technical Sentiment Signal: Sell
Current Market Cap: $1.93B
For detailed information about 0354 stock, go to TipRanks’ Stock Analysis page.
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