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First Tractor Co. Reports Stable Financial Performance for 2024

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First Tractor Co. Reports Stable Financial Performance for 2024

Confident Investing Starts Here:

The latest announcement is out from First Tractor Co ( (HK:0038) ).

First Tractor Company Limited reported its audited consolidated financial results for the year ending December 31, 2024, showcasing a total operating revenue of RMB11.9 billion and a net profit of RMB922 million. The company’s earnings per share stood at RMB0.8206, reflecting its stable financial performance. The announcement highlights the company’s solid market position and its ability to maintain profitability amidst industry challenges.

More about First Tractor Co

First Tractor Company Limited operates in the agricultural machinery industry, focusing on the production and distribution of tractors and related equipment. The company primarily serves the agricultural sector, providing essential machinery to enhance farming productivity.

YTD Price Performance: -3.11%

Average Trading Volume: 20,000

Technical Sentiment Signal: Sell

Current Market Cap: $1.8B

See more data about 0038 stock on TipRanks’ Stock Analysis page.

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