tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

DOWELL SERVICE GROUP Reports 2024 Financial Results with Slight Revenue Growth

Story Highlights
DOWELL SERVICE GROUP Reports 2024 Financial Results with Slight Revenue Growth

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

DOWELL SERVICE GROUP CO. LIMITED Class H ( (HK:2352) ) just unveiled an announcement.

DOWELL SERVICE GROUP CO. LIMITED announced its annual results for the year ended December 31, 2024, highlighting a slight increase in revenue to approximately RMB1,530.2 million. The company experienced growth in its city operation services and other comprehensive services segments, while lifestyle services saw a decline. Despite the revenue increase, the company’s gross profit decreased by 2.3%, and it reported a loss of approximately RMB61.6 million for the period. The board has recommended a final dividend of RMB0.03 per share, maintaining the same level as the previous year.

More about DOWELL SERVICE GROUP CO. LIMITED Class H

DOWELL SERVICE GROUP CO. LIMITED is a joint stock company incorporated in the People’s Republic of China, primarily engaged in city operation services, lifestyle services, and other comprehensive services. The company focuses on providing a range of services that cater to urban management and lifestyle needs, with a significant portion of its revenue derived from city operation services.

YTD Price Performance: 8.51%

Average Trading Volume: 1,133

Technical Sentiment Signal: Sell

Current Market Cap: HK$487M

For an in-depth examination of 2352 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1