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Greatime International Reports Increased Losses in 2024 Financial Results

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Greatime International Reports Increased Losses in 2024 Financial Results

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Greatime International Holdings Limited ( (HK:0844) ) has shared an announcement.

Greatime International Holdings Limited announced its audited consolidated results for the year ended December 31, 2024. The company reported a decrease in revenue from RMB 508,622,000 in 2023 to RMB 486,697,000 in 2024, with a gross profit of RMB 104,150,000. Despite gains from derecognition of contingent consideration, the company faced increased selling, distribution, and administrative expenses, leading to a loss before tax of RMB 13,003,000. The total comprehensive expense for the year was RMB 18,307,000, impacting both owners and non-controlling interests.

More about Greatime International Holdings Limited

Greatime International Holdings Limited is a company incorporated in the British Virgin Islands, operating with limited liability. It is listed on the Stock Exchange of Hong Kong and is involved in various business activities, although specific industry and market focus details are not provided in the announcement.

YTD Price Performance: 6.25%

Average Trading Volume: 111,000

Technical Sentiment Signal: Buy

Current Market Cap: HK$126.1M

See more data about 0844 stock on TipRanks’ Stock Analysis page.

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