Chinney Alliance Group Limited Reports Increased Revenue and Profit for 2024

Chinney Alliance Group Limited ( (HK:0385) ) has issued an announcement.

Chinney Alliance Group Limited reported its financial results for the year ended December 31, 2024, showing a significant increase in revenue to HK$7,692,498,000 from HK$5,981,640,000 in 2023. Despite a rise in administrative expenses and finance costs, the company’s profit for the year increased to HK$82,500,000, up from HK$56,447,000 in the previous year, indicating improved operational performance. However, the total comprehensive income for the year decreased to HK$26,864,000 from HK$67,769,000, primarily due to a deficit on revaluation of leasehold land and owned buildings.

More about Chinney Alliance Group Limited

Chinney Alliance Group Limited is a company incorporated in Bermuda with limited liability, operating in diverse sectors. The company is listed on the Hong Kong Stock Exchange and is involved in various industries, offering a range of products and services.

YTD Price Performance: 1.35%

Average Trading Volume: 76,132

Technical Sentiment Signal: Hold

Current Market Cap: HK$223.1M

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