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An announcement from Cosmos Machinery Enterprises Limited ( (HK:0118) ) is now available.
Cosmos Machinery Enterprises Limited announced its audited consolidated results for the year ended December 31, 2024. The company reported an 8.2% increase in revenue from continuing operations, reaching HK$1,865,354,000. However, the operating profit decreased by 22.6%, and profit for the year from continuing operations dropped by 49%. Despite a profit of HK$7,690,000 from discontinued operations, the overall profit for the year was HK$18,753,000, a significant improvement from a loss of HK$59,515,000 in 2023. The Board did not recommend a final dividend for the year.
More about Cosmos Machinery Enterprises Limited
Cosmos Machinery Enterprises Limited is a company incorporated in Hong Kong, operating in the machinery industry. The company and its subsidiaries focus on manufacturing and distributing machinery products.
YTD Price Performance: 2.22%
Average Trading Volume: 210,704
Technical Sentiment Signal: Buy
Current Market Cap: HK$150M
For an in-depth examination of 0118 stock, go to TipRanks’ Stock Analysis page.