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Embry Holdings Limited ( (HK:1388) ) has issued an update.
Embry Holdings Limited announced its financial results for the year ended December 31, 2024, reporting a significant increase in losses compared to the previous year. The company faced a loss of HK$373.4 million, primarily due to impairments in property, plant, equipment, and other assets, as well as a decrease in revenue and gross profit. This financial downturn may impact the company’s market positioning and stakeholder confidence.
More about Embry Holdings Limited
Embry Holdings Limited is a company incorporated in the Cayman Islands, operating in the garment industry with a focus on producing lingerie and related products. It is listed on the Hong Kong Stock Exchange and is managed by a board comprising executive and independent non-executive directors.
YTD Price Performance: 22.86%
Average Trading Volume: 364,893
Technical Sentiment Signal: Sell
Current Market Cap: HK$181.6M
See more data about 1388 stock on TipRanks’ Stock Analysis page.