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CPM Group Ltd. Reports Decline in 2024 Financial Results

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CPM Group Ltd. Reports Decline in 2024 Financial Results

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CPM Group Ltd. ( (HK:1932) ) has issued an announcement.

CPM Group Ltd. announced its financial results for the year ended 31 December 2024, reporting a significant decline in revenue and gross profit compared to the previous year. The company experienced a 31.5% drop in revenue and a 17.9% decrease in gross profit, leading to a reduced loss attributable to shareholders by 28.6%. The financial position also showed a decrease in cash and cash equivalents and an increase in the gearing ratio, indicating financial challenges.

More about CPM Group Ltd.

YTD Price Performance: -8.80%

Average Trading Volume: 25,537

Technical Sentiment Signal: Buy

Current Market Cap: HK$228M

See more insights into 1932 stock on TipRanks’ Stock Analysis page.

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