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Graphex Group Reports 2024 Financial Results with Revenue Decline

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Graphex Group Reports 2024 Financial Results with Revenue Decline

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An update from Graphex Group Limited ( (HK:6128) ) is now available.

Graphex Group Limited announced its financial results for the year ending December 31, 2024, revealing a significant decline in revenue by 36% compared to the previous year. The company reported a loss before tax of HK$119,168,000, an increase of 4% from the previous year, with notable declines in both the graphene products and landscape architecture segments. Despite the challenges, the landscape architecture segment showed a positive adjusted segment EBITDA, indicating potential recovery in this area.

More about Graphex Group Limited

Graphex Group Limited, incorporated in the Cayman Islands, operates primarily in the graphene products and landscape architecture industries. The company focuses on the production and distribution of graphene-related products and services, catering to various market needs.

YTD Price Performance: 161.54%

Average Trading Volume: 2,314,707

Technical Sentiment Signal: Buy

Current Market Cap: HK$319.3M

For detailed information about 6128 stock, go to TipRanks’ Stock Analysis page.

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