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Datronix Holdings Reports Increased Losses in 2024 Financial Results

Story Highlights
  • Datronix Holdings reported a significant decline in revenue and increased losses for 2024.
  • The company faced a fair value loss on investment property, leading to a comprehensive loss.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Datronix Holdings Reports Increased Losses in 2024 Financial Results

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Datronix Holdings Limited ( (HK:0889) ) has issued an update.

Datronix Holdings Limited announced its audited consolidated results for the year ended December 31, 2024, reporting a significant decline in revenue and an increased loss compared to the previous year. The company experienced a decrease in gross profit and faced a fair value loss on investment property, leading to a total comprehensive loss attributable to the owners of the company. These results reflect ongoing challenges in the market, impacting the company’s financial performance and potentially affecting its stakeholders.

More about Datronix Holdings Limited

Datronix Holdings Limited is a company incorporated in Bermuda, operating with limited liability. The company is listed on the Hong Kong Stock Exchange under the stock code 889. It is involved in the technology sector, focusing on providing electronic components and solutions.

YTD Price Performance: 3.85%

Average Trading Volume: 55,176

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$86.4M

For a thorough assessment of 0889 stock, go to TipRanks’ Stock Analysis page.

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