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The latest update is out from Folangsi Co., Limited Class H ( (HK:2499) ).
Folangsi Co., Limited reported a significant increase in its financial performance for the year ended December 31, 2024, with revenue rising by 17.4% and profit surging by 226.9% compared to the previous year. The company’s growth is supported by favorable national policies aimed at reducing logistics costs and enhancing efficiency, which have increased demand for intralogistics equipment solutions. The market is seeing a shift towards intelligent devices and IoT technology, presenting new opportunities for providers like Folangsi to capitalize on the growing need for advanced logistical solutions.
More about Folangsi Co., Limited Class H
Folangsi Co., Limited is a company incorporated in the People’s Republic of China, operating in the intralogistics equipment solutions industry. The company focuses on providing intelligent devices and centralized management systems to improve efficiency in China’s logistics sector, driven by favorable policies and growing market demand.
YTD Price Performance: -16.26%
Average Trading Volume: 71,863
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$2.15B
See more data about 2499 stock on TipRanks’ Stock Analysis page.