tiprankstipranks
Trending News
More News >

Glorious Sun Enterprises Sees Significant Profit Growth in 2024

Story Highlights

Glorious Sun Enterprises Limited ( (HK:0393) ) just unveiled an update.

Glorious Sun Enterprises Limited reported its annual results for the year ended December 31, 2024, showing a significant increase in profit to HK$73.65 million from HK$44.29 million in 2023. The company experienced a notable rise in dividend income, contributing to a gross profit of HK$322.46 million. Despite impairment losses on debt investments and other financial assets, the company achieved a total comprehensive income of HK$531.71 million, largely driven by changes in the fair value of financial assets.

More about Glorious Sun Enterprises Limited

Glorious Sun Enterprises Limited is a company incorporated in Bermuda with limited liability, listed on the Hong Kong Stock Exchange. It operates in various sectors, including investments and financial services, with a focus on generating revenue through contracts with customers, interest income from debt investments, and dividend income.

YTD Price Performance: 4.84%

Average Trading Volume: 327,448

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.95B

For a thorough assessment of 0393 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App