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Graphex Group Limited Sponsored ADR ( (GRFX) ) has issued an announcement.
Graphex Group Limited announced its consolidated financial results for the year ended December 31, 2024. The company reported a significant decline in revenue by 36% compared to the previous year, with graphene products and landscape architecture segments experiencing substantial decreases in revenue by 40% and 28% respectively. The company also reported a loss before tax of HK$119,168,000, which is a 4% increase from the previous year. The financial results indicate a challenging year for Graphex Group, with implications for its market positioning and stakeholder interests.
More about Graphex Group Limited Sponsored ADR
Graphex Group Limited is a company listed on both the Stock Exchange of Hong Kong Limited and the NYSE American LLC stock exchange market. The company is involved in the production and sale of graphene products, landscape architecture, and catering services.
YTD Price Performance: -22.18%
Average Trading Volume: 87,004
Technical Sentiment Signal: Buy
Current Market Cap: $42.86M
Find detailed analytics on GRFX stock on TipRanks’ Stock Analysis page.