TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
First Shanghai Investments Limited ( (HK:0227) ) has provided an announcement.
First Shanghai Investments Limited has reported its financial results for the year ending December 31, 2024, showing a significant turnaround with a profit of HK$78.2 million compared to a loss in the previous year. The company’s revenue increased to HK$390.4 million, driven by improved gross profit and other gains, despite higher selling, general, and administrative expenses. The positive financial performance reflects a strategic recovery, potentially enhancing its market position and providing a positive outlook for stakeholders.
More about First Shanghai Investments Limited
First Shanghai Investments Limited is a company incorporated in Hong Kong, operating with limited liability. It is involved in investment activities, focusing on generating revenue and managing financial assets.
YTD Price Performance: 28.57%
Average Trading Volume: 10,000
Technical Sentiment Signal: Sell
Current Market Cap: €74.38M
For a thorough assessment of 0227 stock, go to TipRanks’ Stock Analysis page.