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Feiyang International Holdings Group Limited ( (HK:1901) ) just unveiled an announcement.
Feiyang International Holdings Group Limited reported a significant increase in revenue for the year ended December 31, 2024, with a 34% rise attributed to the recovery of the tourism industry in China. Despite this revenue growth, the company faced a net loss of RMB54.8 million, a substantial increase from the previous year’s loss, due to decreased gross profit and increased impairment losses on financial assets.
More about Feiyang International Holdings Group Limited
Feiyang International Holdings Group Limited operates in the travel and tourism industry, focusing on providing travel-related products and services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 47.14%
Average Trading Volume: 1,357,787
Technical Sentiment Signal: Hold
Current Market Cap: HK$85.7M
Learn more about 1901 stock on TipRanks’ Stock Analysis page.