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Future Bright Mining Reports Increased Revenue and Gross Profit for 2024

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Future Bright Mining Reports Increased Revenue and Gross Profit for 2024

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Future Bright Mining Holdings Ltd. ( (HK:2212) ) has provided an announcement.

Future Bright Mining Holdings Limited reported its financial results for the year ended December 31, 2024, showing a revenue increase of 23.95% to RMB96.36 million and a gross profit rise of 107.02% to RMB3.01 million. Despite narrowing its loss attributable to owners by 3.86% to RMB18.85 million, the company did not recommend a final dividend for the year. The results indicate a positive trend in revenue and gross profit, suggesting potential improvements in operational efficiency, though the company still faces challenges in achieving profitability.

More about Future Bright Mining Holdings Ltd.

Future Bright Mining Holdings Limited is a company incorporated in the Cayman Islands, focusing on the mining industry. The company is listed on the Hong Kong Stock Exchange under the stock code 2212.

YTD Price Performance: -14.62%

Average Trading Volume: 863,684

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$116.9M

For detailed information about 2212 stock, go to TipRanks’ Stock Analysis page.

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