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Global New Material’s Subsidiary CQV Reports Strong Financial Growth in 2024

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Global New Material’s Subsidiary CQV Reports Strong Financial Growth in 2024

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An announcement from Global New Material International Holdings Limited ( (HK:6616) ) is now available.

Global New Material International Holdings Limited announced the audited financial results of its subsidiary, CQV Co., Ltd., for the year ended December 31, 2024. CQV reported a substantial increase in total revenue and net profit compared to the previous year, indicating a strong financial performance. The company’s total assets and shareholders’ equity also saw significant growth, reflecting a robust market position and potential positive implications for stakeholders.

More about Global New Material International Holdings Limited

Global New Material International Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the materials industry. It holds a significant shareholding in CQV Co., Ltd., a company listed on the Korea Securities Dealers Automated Quotations, focusing on financial performance and market presence in Korea.

YTD Price Performance: -13.10%

Average Trading Volume: 1,963,215

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$4.68B

See more data about 6616 stock on TipRanks’ Stock Analysis page.

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