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Ever Glory United Holdings Limited ( (SG:ZKX) ) just unveiled an update.
Ever Glory United Holdings Limited reported a significant 57% increase in revenue for the financial year ending December 2024, reaching $74.7 million. However, this growth did not translate into a proportional increase in profitability, as gross profit only rose by 1.9% due to the absence of high-margin projects. The company acknowledged this discrepancy and attributed the previous year’s higher margins to the completion of a high-margin project in 2023.
More about Ever Glory United Holdings Limited
Ever Glory United Holdings Limited, incorporated in Singapore, operates in an industry focused on delivering a range of products and services through its subsidiaries. The company is involved in projects that vary in margin, impacting its financial performance.
YTD Price Performance: 41.38%
Average Trading Volume: 68,296
Technical Sentiment Signal: Sell
Current Market Cap: S$141.5M
For detailed information about ZKX stock, go to TipRanks’ Stock Analysis page.