Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Haina Intelligent Equipment International Holdings Limited ( (HK:1645) ) has provided an update.
Haina Intelligent Equipment International Holdings Limited announced its financial results for the year ending December 31, 2024, reporting a 5% increase in total revenue to RMB369.7 million and a 12% rise in gross profit to RMB52.0 million compared to the previous year. Despite these gains, the company faced a loss attributable to owners amounting to RMB38.1 million, slightly higher than the previous year’s loss, and decided not to declare a final dividend for 2024. The financial results reflect challenges in managing administrative and operating expenses, as well as impairment losses, impacting the company’s overall profitability.
More about Haina Intelligent Equipment International Holdings Limited
Haina Intelligent Equipment International Holdings Limited is a company incorporated in the Cayman Islands, operating in the intelligent equipment industry. The company focuses on the development and sale of machinery and equipment, serving various sectors with innovative solutions.
Average Trading Volume: 1,553,000
Technical Sentiment Signal: Buy
Current Market Cap: HK$648.6M
Learn more about 1645 stock on TipRanks’ Stock Analysis page.