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Green Future Food Hydrocolloid Marine Science Co., Ltd. ( (HK:1084) ) has provided an announcement.
Green Future Food Hydrocolloid Marine Science Co., Ltd. reported its financial results for the fiscal year 2024, showing a revenue decrease of 15.7% to RMB989.3 million compared to the previous year. Despite the revenue drop, the company achieved a significant turnaround with a profit of RMB60.9 million, reversing a loss from the prior year, and improved its gross profit margin to 22.5%. The board has proposed a final cash dividend, reflecting a positive outlook for shareholders.
More about Green Future Food Hydrocolloid Marine Science Co., Ltd.
Green Future Food Hydrocolloid Marine Science Co., Ltd. operates in the marine science industry, focusing on the production of hydrocolloids. These are substances used to modify the properties of water-based systems, often utilized in food and other industries.
YTD Price Performance: -7.04%
Average Trading Volume: 655,322
Technical Sentiment Signal: Buy
Current Market Cap: HK$568.8M
Learn more about 1084 stock on TipRanks’ Stock Analysis page.