Grown Up Group Reports Increased Revenue but Faces Annual Loss

Grown Up Group Investment Holdings Limited ( (HK:1842) ) has provided an announcement.

Grown Up Group Investment Holdings Limited reported its annual financial results for the year ended December 31, 2024, showing a revenue increase to HK$307,364,000 from HK$291,560,000 in 2023. However, the company faced a loss of HK$4,447,000 compared to a profit of HK$1,088,000 the previous year, indicating financial challenges despite higher revenue. The company’s net assets decreased slightly, and the gearing ratio increased, reflecting higher financial leverage.

More about Grown Up Group Investment Holdings Limited

Grown Up Group Investment Holdings Limited is a company incorporated in the Cayman Islands, operating in the investment holdings industry. The company is listed on the Hong Kong Stock Exchange under the stock code 1842.

YTD Price Performance: -11.43%

Average Trading Volume: 1,303,000

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$73.2M

See more data about 1842 stock on TipRanks’ Stock Analysis page.