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EEKA Fashion Holdings Reports Decline in 2024 Financial Performance

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EEKA Fashion Holdings Reports Decline in 2024 Financial Performance

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The latest announcement is out from EEKA Fashion Holdings Limited ( (HK:3709) ).

EEKA Fashion Holdings Limited reported a decrease in revenue and profit for the year ended December 31, 2024, with revenue at RMB6,588.54 million and profit at RMB474.09 million, reflecting declines of 4.68% and 43.06% respectively compared to the previous year. The company’s net profit margin also dropped to 7.20% from 12.05% in 2023, and the board proposed a reduced final dividend of HK38 cents per share. These financial results indicate challenges in maintaining profitability and shareholder returns, potentially impacting the company’s market positioning and stakeholder confidence.

More about EEKA Fashion Holdings Limited

EEKA Fashion Holdings Limited is a company incorporated in the Cayman Islands, operating in the fashion industry. The company focuses on designing, manufacturing, and retailing fashion apparel and accessories.

YTD Price Performance: -11.46%

Average Trading Volume: 1,149,186

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.22B

Find detailed analytics on 3709 stock on TipRanks’ Stock Analysis page.

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