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Frontage Holdings Corp. ( (HK:1521) ) has provided an announcement.
Frontage Holdings Corporation announced its annual results for the year ended December 31, 2024, reporting a slight decline in revenue by 1.9% to US$254.9 million compared to the previous year. The company experienced significant decreases in gross profit, EBITDA, and net profit margins, with net profit dropping by 94.4%. The board has decided not to recommend any final dividend for the reporting period. The company has provided adjusted financial measures to offer a clearer understanding of its business performance, excluding certain non-recurring and non-operating items.
More about Frontage Holdings Corp.
Frontage Holdings Corporation is a company incorporated in the Cayman Islands, operating in the financial sector with a focus on providing financial services and products.
YTD Price Performance: -41.01%
Average Trading Volume: 1,075,782
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2.04B
Learn more about 1521 stock on TipRanks’ Stock Analysis page.